UPDATED: DHX Media’s purchase of Family, Disney XD, Disney Junior approved

OTTAWA – DHX Media received CRTC approval Thursday to proceed with its purchase of Family, Disney XD, and the English- and French-language Disney Junior channels from Bell Media.The company said that the acquisition has now met key regulatory requirements for completion, having also received approval from the Competition Bureau last December, and is expected to close on or about July 31, 2014. First announced last November, the deal comes as part of Bell Media's requirement to divest some properties to comply with regulatory conditions attached to its acquisition of Astral Media.As part of its approval, the Commission revised the value of the transaction to...