"The intervention in opposition was submitted by Scott Clemens, who expressed the view that, if Rawlco’s application were approved, Rawlco would be likely to sell the station to a third party rather than retain ownership of the station over the long term."
There is precident there. Mid 90's, Rawlco sold Calgary & Toronto to Rogers after owning Toronto only for a short while. The trick is to transact the new license along with some established licenses. The CRTC in its wisdom then gives the proven license transactor yet another license in Calgary and a fresh one in Edmonton. The offer would be HUGE for Bell's interest in creating the combos in those 4 markets. Prince Albert & North Battleford may be excluded. Gord & Doug keep their lake music and some steady revenue plus pocket...what....$150M? Reasonable? I think so. Newcap recently paid $8M for HALF of CKUL Halifax. For those that believe Pam Leyland's deinials remember that Gary Slaight was talking expansion by taking Standard public, then into an income trust, then surprise!...comes the almost billion dollar deal from Astral. Anyone think Gary was going to get out of radio when he did? |