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Will $316M Purchase Of @SunMedia Make @PostmediaNet Shine?

Yesterday news broke that Postmedia Network had acquired a number of print and digital properties from Sun Media for $316 million, and right away people around Canada turned to Twitter to share their commentary, here are a few that stood out:

Based on several tweets, the general consensus seems to be that it will have a great impact on Canadian journalism in a negative way.  Many are concerned that it will have create less media outlets for PR professionals to pitch their stories to, which is a valid concern as both companies have gone through several layoffs over the last five years.

What’s your take on the acquisition?