ARCHIVED - Broadcasting Public Notice CRTC 2004-25-1

This page has been archived on the Web

Information identified as archived on the Web is for reference, research or recordkeeping purposes. Archived Decisions, Notices and Orders (DNOs) remain in effect except to the extent they are amended or reversed by the Commission, a court, or the government. The text of archived information has not been altered or updated after the date of archiving. Changes to DNOs are published as “dashes” to the original DNO number. Web pages that are archived on the Web are not subject to the Government of Canada Web Standards. As per the Communications Policy of the Government of Canada, you can request alternate formats by contacting us.


Broadcasting Public Notice CRTC 2004-25-1


See also:  2004-25

Ottawa, 26 April 2004

  Further to its Broadcasting Public Notice CRTC 2004-25 dated 16 April 2004, the Commission announces the following:

Persona Communications Inc.

  Across Canada
Application No. 2004-0166-2
  The Commission hereby corrects Broadcasting Public Notice CRTC 2004-25, an application submitted by Persona Communications Inc. (Persona) for authority to transfer all of its shares to Canadian Cable Acquisition Company Inc. (CCAC).
  The proposed ownership information related to Persona should have read as follows:
  CCAC would be a corporation to be indirectly owned by CIBC Wood Gundy Capital (SFC No. 2) Inc. (CIBC) and TD Capital Canadian Private Equity Partners Ltd. (TD) through their equal ownership of a company to be incorporated (Canco), which, in turn, would hold 67% of the voting interest of CCAC.
  The remaining 33% voting interest of CCAC would be held by HMTF General Partnership where the partners would be various family trusts and funds owned by the shareholders of Hicks, Muse, Tate & Furst Incorporated (HMTF), a non-Canadian owned and controlled corporation (collectively HMTF).
  The Commission notes that, under the proposed terms and conditions of the acquisition, HMTF would have the highest representation on the board of CCAC and would enjoy certain shareholder rights. The combination of these factors could confer HMTF with a significant influence over the business affairs of Persona that could amount to effective control.
  This document is available in alternative format upon request and may also be examined at the following Internet site:
  Secretary General
Date modified: