Canwest filed for creditor protection in 2009 but the Canadian government rejected its recapitalization plan, forcing Canwest into liquidation on November 4, 2009. Astral Media was announced as the buyer for Canwest twelve days later and received regulatory approval on February 11, 2010, completing the transaction on February 28. Global TV then dropped the "greater than" symbol from its logo on March 1, 2010 after the acquisition.