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ARCHIVED - Decision CRTC 2000-771

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Decision CRTC 2000-771

 

Ottawa, 21 December 2000

 

Blackburn Group Incorporated, on behalf of Blackburn Radio Inc. and Sarnia Broadcasters (1993) Ltd.
Leamington and Sarnia, Ontario
- 200018103 - 200018095 - 200018152
- 200018087

 

20 November 2000 Public Hearing
in Burnaby

 

Intracorporate reorganization

1.

The Commission approves the applications set out below, involving a number of steps that will result in an exchange of shares between Blackburn Group Incorporated (BGI), Blackburn Radio Inc. (BRI), and Sarnia Broadcasters (1993) Ltd. (Sarnia Ltd.).

2.

The reorganization involves the transfer of some radio assets, as well as some of the shares in BRI, Sarnia Ltd. and 1422865 Ontario Limited, a newly incorporated company, (Newco). The applicant stated that the reorganization would group radio properties along corporate lines.

3.

Applications:

 

i) 200018103: to move Sarnia Ltd., licensee of CHOK Sarnia, under BRI, through an exchange of shares;
 

ii) 200018095; 200018152: by Sarnia Ltd., to acquire the assets of CFGX-FM and CHKS-FM Sarnia from BRI;
 

iii) 200018087; by Newco, to acquire the assets of CHYR-FM Leamington from BRI.

4.

The Commission notes that the transactions herein approved represent an intra-corporate reorganization that does not alter the effective control of the licensees.

5.

Upon surrender of the current licences issued to BRI, the Commission will issue broadcasting licences to continue the operation of the affected undertakings, subject to the terms and conditions in effect under the current licences. The licences will also be subject to the conditions set out in Public Notice CRTC 1999-137. 

 

Secretary General
 


This decision is to be appended to the licences. It is available in alternative format upon request, and may also be examined at the following Internet site: www.crtc.gc.ca 

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