ARCHIVED - Public Notice CRTC 2001-77
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Public Notice
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Ottawa, 11 July 2001 |
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The Commission has received the following application: |
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1. |
Montréal, Quebec |
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CTV Inc. has filed an application seeking authority to acquire control of CF Television Inc. by acquiring all of the issued and outstanding shares (35,000,100 common voting shares) of CF Television Inc., licensee of CFCF-TV Montreal, Quebec. |
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These shares are currently held in trust by Mr. L.R. Sherman, on behalf of Global Communications Limited (70%) and Capital Communications CDPQ Inc. (30%). |
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The Commission notes that CTV Inc. has determined the value of the transaction to be $121,500,000. However, this value does not take into consideration the long term debt that CTV Inc. will be assuming following the completion of the transaction. The Commission may determine that the value of the transaction should include the long term debt, thus impacting the proposed tangible benefits put forward by the applicant. The tangible benefits package is currently estimated at $12,150,000. |
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The Commission hereby seeks public comments on the merit of the application and on the appropriateness of the benefits package proposed by the applicant. |
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Licensee's address : |
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Examination of application: |
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CFCF-TV |
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PUBLIC PARTICIPATION |
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DEADLINE FOR INTERVENTION |
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The intervention must be received by the CRTC and by the applicant ON OR BEFORE the above-mentioned date. The Commission cannot be held responsible for postal delays. |
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Your intervention will be considered by the Commission, and will form part of the public record of the proceeding without further notification to you, provided the procedure set out below has been followed. You will be contacted only if your submission raises procedural questions. |
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Submit your written intervention to the Secretary General of the Commission in ONLY ONE of the following formats: |
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BY MAIL AT |
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A true copy MUST be sent to the applicant and proof that this has been done must accompany the intervention sent to the Commission. |
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Where the intervention is filed by electronic means, the line ***End of document*** should be entered following the last paragraph of the document, as an indication that the document has not been damaged during electronic transmission. |
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Please note, that only the documents (applications and interventions) electronically filed will be available on the Commission's web site. You will be able to access these documents by indicating the public notice or the notice of public hearing number. |
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Each paragraph of the document should be numbered. |
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Your intervention should clearly identify the application and indicate whether you support or oppose the application, or if you propose changes to it, include the facts and grounds for your proposal. |
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In the event that the application is brought to the oral phase of the hearing, and if you wish to appear, you must provide reasons why your written comments are not sufficient and why an appearance is necessary. |
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In exceptional circumstances, the Commission may allow an intervenor to present its intervention by teleconference. At the time of filing its intervention, the intervenor must clearly indicate why the Commission should grant such a request. |
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EXAMINATION OF DOCUMENTS DURING NORMAL OFFICE HOURS |
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Documents are available at the local address provided in this notice and at the Commission offices and documentation centres directly involved with these applications or, upon request, within 48 hours, at any other CRTC offices and documentation centres. |
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Central Building |
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Bank of Commerce Building |
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405 de Maisonneuve Blvd. East |
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55 St. Clair Avenue East, Suite 624 |
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Kensington Building |
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Cornwall Professional Building |
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10405 Jasper Avenue, Suite 520 |
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530-580 Hornby Street |
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This document is available in alternative format upon request and may also be examined at the following Internet site: |
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Secretary General |
Date Modified: 2001-07-11
- Date modified: