Credit crunch kills Ontario FM radio purchase
News | January 21, 2009
Newfoundland Capital Corp. Ltd. has called off a $19-million purchase of 12 small-city FM radio outlets in Ontario, citing "seriously deteriorating credit markets."
This content is available to wirereport.ca subscribers
Already a subscriber? Sign in here
Unlock all the Canadian telecom, broadcasting and digital media news you need.
Take a free trial or subscribe to The Wire Report now.
FREE TRIAL
Two weeks of free access to thewirereport.ca and our exclusive newsletters.
SUBSCRIBE
Unlimited access to thewirereport.ca and our exlusive newsletters.