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Public NoticeCRTC 1998-15
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Ottawa, 13 February 1998 |
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Cable Cable Inc., Bobcaygeon Cable Inc.
and Fenelon Cable Inc.
Sturgeon Lake; Bobcaygeon; and Fenelon Falls, Ontario - 199716247 -
199716255
- 199716263 |
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Transfers of control |
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The Commission announces that it has
approved, by Letter of Authority A98-0005 dated 27 January 1998, the
transfers of effective control of cable distribution undertakings serving
the communities of Sturgeon Lake, Bobcaygeon and Fenelon Falls (i.e. Cable
Cable Inc., Bobcaygeon Cable Inc. and Fenelon Cable Inc., respectively). |
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Currenlty, both
Cable Cable Inc. (CCI) and Bobcaygeon Cable Inc. (BCI) are owned 50% by
Mr. Anthony Fiorini and Ms. Ann Fiorini and 50% by Mr. David Pendlebury and
Ms. Margaret Pendlebury. Fenelon Cable Inc. (FCI) is a wholly-owned
subsidiary of CCI. |
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The transfers of
effective control will be effected via a series of share transfers in which
the 50% voting interests of Mr. David Pendlebury and Ms. Margaret
Pendlebury in CCI and BCI will be acquired by Mr. Anthony Fiorini and
Ms. Ann Fiorini through BCI and CCI. Consequently, Mr. Anthony Fiorini will
assume effective control of the three cable distribution undertakings in
question. |
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Following the
transactions, BCI will be owned by Mr. Anthony Fiorini - 68.75% and Ms. Ann
Fiorini - 31.25%, CCI will be a wholly-owned subsidiary of BCI, and FCI
will be a wholly-owned subsidiary of CCI. |
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Laura M. Talbot-Allan
Secretary General |
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This document is available in alternative
format upon request. |