Newcap Signs Agreement to Acquire 12 Ontario FM Licences

[Yeziknoradio]

Newcap Signs Agreement to Acquire 12 FM radio broadcasting licences in Ontario from Haliburton Broadcasting for $18.95 million, subject to approval from the Canadian
Radio-television and Telecommunications Commission.

The assets include stations in Muskoka, North Bay and Timmins, Ontario.

Source: http://www.broadcastermagazine.com/issues/ISArticle.asp?id=87554&issue=07282008