CRTC OKs 2 Deals
May 4, 2009 at 5:45 PM (PT)
ROGERS BROADCASTING's purchase of the interest in K-ROCK 1057 INC., the licensee of Active Rock CIKR (K-ROCK 105.7 FM) and Country CKXC (KIX COUNTRY 93.5 FM)/KINGSTON, ON, that it didn't already own for C$8,530,494 has been approved by the CRTC. The deal raises ROGERS' stake in the stations to 100%.
The CRTC has also approved the sale of Tourist Information CHQI/NIAGARA-ON-THE-LAKE, ON to LUCIANO BUTERA for C$48,000.
And FRANK ROGERS' 2188301 CORP. has received approval to move the antenna for new AC CFAO/ALLISTON, ON and reduce the station's antenna height due to the loss of the originally-proposed location.