Mr. Asper is said to have thought SunTV operated “very expensively for what it was” and was unwilling to take on the employment contracts and severance costs of its staff, most notably the executives...
This is the second story that has claimed that excessive executive severance packages were behind the ultimate failure of SNN to find a buyer before it folded. Shameful: someone in upper management let their own greed doom the jobs of over 150 employees.
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