Pelmorex founder Morrissette acquires full control of weather company

OAKVILLE, ON - The holding company of Pelmorex founder and CEO Pierre Morrissette has bought the 49% stake in Pelmorex Media Inc. (PMI) that it didn’t already own from The Weather Channel LLC.PMI, now wholly-owned by Pelmorex Management Inc., is a multi-platform weather information company focused on the consumer market in North America and Europe. Its popular brands include The Weather Network and French counterpart MétéoMédia as well as Spain’s eltiempo.es. Pelmorex also built and operates Canada's national alerting system which aggregates and distributes emergency alerts issued by authorized government agencies. The Weather Channel (TWC), the TV arm of The Weather Company...