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Rogers Media Plans Purchase of Seven TV Stations

Authored by Scott Goldberg on April 9, 2007 - 9:13am.
Alberta, Canada – Rogers Media, a unit of Rogers Communications, says it will spend $119.6 million to purchase seven local television stations and three specialty channels from CTVglobemedia Inc, Reuters reported.  The sale comes as CTVglobemedia tries to win regulatory approval for the $1.47 billion acquisition of CHUM Ltd. announced earlier in the year.

 
tags: TV | Canada | Television | Rogers Communications | CTVglobemedia |