Rogers (RG) Acquires Five Citytv Conventional TV Stations
Rogers Media (NYSE: RG) and CTVglobemedia Inc. announced an agreement under which Rogers Broadcasting, a Rogers Media subsidiary, would acquire five Citytv conventional television stations from CTVglobemedia Inc.
The all cash transaction is valued at approximately $375 million and is expected to close late in 2007.
The all cash transaction is valued at approximately $375 million and is expected to close late in 2007.
