10:10 AM EST - Canwest Global Communications : Canwest Global Communications announced on Friday a bid worth $120 million from a consortium led by private equity fund Catalyst Capital and backed by Goldman Sachs Group Inc. (GS).The Catalyst consortium, which includes the Asper family and two former executives from Rogers Communications, seeks a 32 percent equity interest and voting control in the restructured Canwest under its bid. Canwest Global Communications
shares V.CGS are trading up 10.34 percent at $0.16.