http://www.theglobeandmail.com/report-on-business/article972785.ece
Quote, "CanWest's borrowing capacity was put on a tighter leash this month when a senior credit facility was cut back to $112-million from $300-million by Bank of Nova Scotia. The new limit is about $20-million above what CanWest has already drawn.
The limit is in place until next Friday and Mr. Asper is now trying to negotiate a new borrowing agreement by that date, in order to have the full amount of credit reinstated. "Options on the table include some sort of recapitalization that would see creditors take a haircut, and the Asper family squeezed out," said one banker working on CanWest."
"At least one investor weighing a proposal said it would insist that Mr. Asper step aside as chief executive officer and that he and his siblings eliminate the dual-class share structure that gives them control of the company, according to sources familiar with the matter." [No more multi voting shares}
