Leonard Asper

With the family business in ruins, the Asper brothers are duking it out in new arenas, with different results

After Canwest’s fall, stations are searching for salvation

A group of mostly U.S. ‘vultures’ is in control, and foreign ownership rules will be key

As the Tories consider a bailout of private TV broadcasters, including Canwest, the government’s relationship with the Aspers causes concern

Asper says the company may be forced to breach a debt covenant

The stock has fallen by more than 90 per cent and major investors are bailing out, as fear mounts over a debt crunch