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  5. CJR.B: What is your take on the possibility that Quebecor might try to purchase Corus Entertainment, considering the massive debt that has caused most analysts to rate Corus as a strong sell and an under-... [Corus Entertainment Inc. Class B Non-Voting Shares]
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Q: What is your take on the possibility that Quebecor might try to purchase Corus Entertainment, considering the massive debt that has caused most analysts to rate Corus as a strong sell and an under-perform rating. For example, National Bank views its real share price as one cent - yikes! If Quebecor could buy Corus at a 'bargain-basement' price, could this act as a tailwind for Quebecor? Thanks as always for your insight.
Asked by Jerry on January 06, 2025
5i Research Answer:

CJR.B does have $1B in obligations, but we do think QBR might be interested in it, considering it still has $1.1B in sales. We think it would be the most logical buyer. But we would not buy the stock just on this theme.