CTV Acquires "The Flow" Radio Station

On January 31, 2011, CTV Limited acquired the radio station known as CFXJ-FM 93.5FM/“The Flow” in Toronto immediately after completing the sale of its interest in radio stations CHBN-FM/“The Bounce” in Edmonton and CHST-FM/“BOB-FM” in London to Rogers Broadcasting Limited. The value of the transaction was undisclosed.

CTV Limited was advised in these transactions by an in-house team led by André Serero, Kevin Assaff, Jay Howard and David Bross and by Fasken Martineau DuMoulin LLP, with a team led by Roxanne McCormick and comprising Sean Stevens, Andrew Alleyne, Jessica Catton and Susan Newell.

Rogers Broadcasting Limited was represented internally by Michael Webber and Emma Miller.

The Milestone group of companies, sellers of the Flow and co-seller of the Bounce, were represented by Goodmans LLP with a team that comprised Carolyn Stamegna, Jaclyn Seidman and Mark Biderman.