Paul Godfrey's last newspaper purchase -- he led a $411 million management buyout of Sun Media Corp. in 1996 -- was a great financial success for him and his managers, as they flipped it in 1998 to Quebecor for almost $1 billion. A losing bidder for the Sun assets then was Torstar Corp., which again this week failed in an attempt to go national by buying Canwest LP. Godfrey, 71-year-old preside

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