Radio / Television News

BGM scores 99%

TORONTO - Bell Globemedia and CHUM Limited announced yesterday evening that approximately 6.7 million common shares of CHUM, representing more than 99% of the issued and outstanding common shares, have been tendered to the offer BGM made in July to purchase CHUM.In addition, approximately 19.2 million non-voting class B shares of CHUM have been tendered to the Offer, and notices of guaranteed delivery for tenders of approximately 750,000 class B shares have been received, representing in total more than 93% of the issued and outstanding class B shares, says the press release.BGM has now declared the offer to be wholly...