We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Bell Canada Gets OK For $1.3B CTV Buy

Law360 (March 8, 2011, 12:48 PM EST) -- Canada's telecommunications regulator on Monday cleared BCE Inc.'s CA$1.3 billion ($1.34 billion) acquisition of broadcasting giant CTV, but barred the companies from entering exclusive online distribution deals until the watchdog finishes its review of vertical integration in the industry.

The Canadian Radio-Television and Telecommunications Commission approved the transaction, which also calls for BCE to take on a $1.7 billion chunk of CTV's debt, after BCE agreed to a number of initiatives designed to improve the country's broadcasting system.

Under the commitments offered to the regulator, BCE...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.