Transcontinental Ends Fiscal 2013 with a Steady Performance
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Asset Impairment
In the fiscal year ended October 31, 2013, the Corporation recorded an asset impairment charge of $170 million, of which $160 million is related to goodwill, mainly as a result of the difficult market conditions in the Media Sector that continue to adversely affect the advertising revenues of certain business groups.
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- Transcontinental Inc.
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