CRTC grants Cogeco’s $18.5 million radio purchase

OTTAWA – The CRTC has given its blessing to Cogeco’s plan to buy 10 French-language regional radio stations in Quebec and Ontario from RNC Media.The new stations are located in Saguenay–Lac-Saint-Jean (Planète 104.5 in Alma, Planète 93.5 in Chibougamau, Planète 99.5 in Roberval, Planète 100.3 in Dolbeau-Mistassini, and Radio X 95.7 in Saguenay), in Abitibi-Témiscamingue (Capitale Rock 104.3 in Val-d’Or, Capitale Rock 102.1 in La Sarre, and WOW 96.5, in Val-d’Or), in Lachute (Pop 104.9) and in Hawkesbury (Pop 102.1).The Commission said Thursday that it "considers that the RNC stations integrated into Cogeco could benefit from economies of scale and...