|
Public Notice
|
|
Ottawa, 21 April 1998 |
|
Public Notice CRTC 1998-33 |
|
Annapolis Valley Radio Ltd.
Windsor, Kentville, Middleton, Digby and Weymouth, Nova Scotia -
199800123 - 199800131 - 199800149 - 199800157 - 199800165 |
|
Transfer of control |
|
1. Consistent with the procedures outlined in
Public Notice CRTC 1992-72
dated 2 November 1992 entitled A Review of the CRTC's Regulations and
Policies for Radio, the Commission announces that it has approved,
by Letter of Authority A98-0034 dated 2 April 1998, the applications by
Annapolis Valley Radio Ltd. (AVRL), to transfer effective control of its
parent company, Braemount Holdings Limited (BHL), through the transfer of all
of the securities held by Mr. Neil MacMullen (91.8%) and Ms. Lorraine
MacMullen (8.2%) to Maritime Broadcasting System Limited (MBSL). |
|
2. AVRL is licensee of radio programming
undertakings CFAB Windsor, CKEN and CKWM-FM Kentville, CKAD Middleton, CKDY
Digby and CKDY-FM-1 Weymouth. As a result of this transaction, MBSL will
assume effective control of the above-noted undertakings. AVRL will continue
to be a wholly-owned subsidiary of BHL which, in turn, will be a wholly-owned
subsidiary of MBSL. The Commission notes that it is MBSL's intention to
amalgamate both BHL and AVRL with MBSL, with the resulting entity continuing
as MBSL. |
|
Laura M. Talbot-Allan
Secretary General |
|
This document is available in alternative
format upon request. |
|