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Goldman Sachs: “We are not television operators, nor do we wish to be”

News | 11/19/2007 7:18 pm EST

As expected, Canadian control was a central issue at today's CRTC  hearings into CanWest MediaWorks Inc.'s proposed acquisition of Alliance Atlantis Communications Inc., which is being heavily financed by investment bank Goldman Sachs Capital Partners – an affiliate of US firm Goldman, Sachs & Co.. Knowing foreign ownership was on many minds, including those of the commissioners, CanWest's panel addressed the issue early in its opening remarks to the commission.

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