12:07 PM EST - Torstar Corp. : is raising its stake in multicultural newspaper and marketing company Multimedia Nova Corp. to 19.9 percent. Torstar said Friday it will pay $236,000 in a private placement to acquire 590,631 shares of Multimedia Nova, raising its total holding to just over one million shares. Torstar Corp.
shares T.TS.B are trading down 29 cents at $12.51.