Canada’s broadcast regulator has approved the purchase agreement between Acadia Broadcasting Limited and CJLS in Yarmouth, Nova Scotia.
The Saint John, New Brunswick based company filed an application to acquire CJLS with the Canadian Radio-television Telecommunications Commission in November.
The CRTC authorized the deal late last week.
ABL President Chris Pearson says “We are extremely pleased to announce CJLS will soon be a member of the Acadia family.” He adds. “These are exciting times for our company.”
CJLS serves southwestern Nova Scotia and was founded in 1934. Co-owners Chris Perry and Ray Zinck have been a part of the station since the early 70’s. They purchased the company in 1998 and announced their retirement last fall.
“Listeners in Yarmouth, Shelburne and Digby counties can expect a continued commitment to delivering high quality local news and programming.” Pearson said. “On behalf of Acadia, we would like congratulate Chris and Ray on a successful broadcasting career and wish them both the very best in their well deserved retirement.”
The approval means Acadia will soon own and operate 14 stations in the Maritimes and Ontario.
