The Quebec government says it will invest $5 million in a French-language newspaper chain that sought bankruptcy protection Monday.
Le Groupe Capitales Médias owns daily newspapers in some of Quebec’s largest markets, including Quebec City’s Le Soleil, Le Droit of Gatineau-Ottawa and Trois-Rivières’s Le Nouvelliste.
The newspaper chain was founded by former federal Liberal cabinet minister Martin Cauchon. Its financial difficulties had been widely known for several weeks.
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