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TAGGED AS HECTOR BROADCASTING LTD.

Newcap buys two radio stations ahead of Stingray acquisition

| 07/13/2018 12:38 pm EDT

The CRTC has approved the acquisition of two Nova Scotia radio stations by Newfoundland Capital Corporation Ltd. Newcap will buy CKEC-FM and CKEZ-FM New Glasgow from Hector Broadcasting Ltd. for $2.7 million. “Hector Broadcasting had decided to divest itself of its...