ARCHIVED -  Public Notice CRTC 1999-182

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Public Notice

Ottawa, 5 November 1999
Public Notice CRTC 1999-182
Regional Cablesystems Inc.
Newfoundland - 199911334
Transfer of control
1.The Commission announces that it has approved, by Letter of Authority A99-0139 dated 20 October 1999, the transfer of control of A.J. Gale Limited (Gale), licensee of a number of cable distribution undertakings in Newfoundland, through the transfer of 21% of its issued and outstanding shares to Regional Cablesystems Inc. (Regional) and the nomination, to Gale's Board of Directors, of Regional representation that effectively reflects a 50% voting interest.
2.The Commission has approved a change in the effective control from a situation of legal control to one where control of Gale will be exercised jointly by Regional and Gale.
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Secretary General

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