Canwest receives delisting notice
Move follows a filing for creditor protectionTORONTO -- Canadian broadcaster Canwest Global Communications Corp. has received a notice of delisting from the Toronto Stock Exchange, effective Nov. 13.
The move follows the debt-laden Canadian broadcaster last week filing for creditor protection as it restructures.
The TSX, Canada's biggest financial exchange, cited CanWest Global's failure to meet continued listing requirements.
The broadcaster has until Oct. 21 to appeal.
Voting and nonvoting shares in Canwest Global remain halted on the TSX at 23.5 cents.