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ARCHIVED -  Decision CRTC 93-9

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Decision

Ottawa, 6 January 1993
Decision CRTC 93-9
Radio Chibougamau Inc.
Chibougamau and Chapais, Quebec - 920595600
Following a Public Hearing in the National Capital Region beginning on 21 September 1992, the Commission approves the application for authority to transfer effective control of Radio Chibougamau Inc., licensee of the radio programming undertaking consisting of CJMD Chibougamau and its transmitter CFED Chapais, through the transfer of all the issued shares from Gestion Germaine Lévesque Inc. to Holdco, a company to be incorporated. As a result of this transaction, effective control of the licensee will be held indirectly by Gestion Germaine Lévesque Inc. (50%) and Rosaire Leclerc and Gestion Stalnia Inc. (André Tremblay) (50%), on behalf of a company to be incorporated, who will become the shareholders of Holdco.
The Commission notes that this transaction is related to the approval of a new French-language FM radio programming undertaking at Alma, indirectly held by Holdco, a company to be incorporated, which is the subject of a separate decision released today (Decision CRTC 93-6). The Commission also notes that the operations of CJMD Chibougamau and CFED Chapais will not be affected further by the corporate restructuring which is the subject of Decisions CRTC 93-7 and 93-8 also released today.
Allan J. Darling
Secretary General

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