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ARCHIVED -  Decision CRTC 87-72

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Decision

Ottawa, 29 January 1987
Decision CRTC 87-72
Frontenac Broadcasting Company Limited Kingston, Ontario - 862430600 - 862431400 - 862432200
Kawartha Broadcasting Company Limited Peterborough, Collingwood and Barrie, Ontario - 862433000 - 862434800 - 862435500 - 862436300 - 862437100
Pursuant to Public Notice CRTC 1986-333 dated 5 December 1986, the Commission approves the applications for authority to transfer effective control of these licensee companies through the transfer of 200 common voting shares (100%) of Katenac Holdings Limited from Paul G. Desmarais (90), Claude Pratte (90) and three minority shareholders (20) to Power Corporation of Canada (Power Corporation) which is indirectly controlled by Mr. Desmarais.
As a result of this transaction, Power Corporation will acquire 100% control of Katenac Holdings Limited which holds effective control of Frontenac Broadcasting Company Limited, licensee of CKWS, CFMK-FM and CKWS-TV Kingston and Kawartha Broadcasting Company Limited, licensee of CHEX, CHEX-TV, CFMP-FM Peterborough and two rebroadcasting stations, and CKCB Collingwood and CKBB Barrie.
Fernand Bélisle
Secretary General

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