Shaw Communications Aquire Power Broadcasting
There has been a major change of ownership for several radio and T-V stations in Ontario and Quebec.
A branch of Shaw Communications -- Corus Entertainment -- says it has a deal to acquire all of the broadcasting assets of Power Broadcasting.
Power has 17 radio stations and four television stations in Ontario and Quebec.
The deal affects 11 radio stations in Ontario between Guelph and Kingston.
The Ontario television stations include CKWS-TV in Kingston and CHEX-TV in Peterborough.
The sale requires the approval by federal regulators.