Court Gives Corus Green Light on Recapitalization Plan

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TORONTO — Corus Entertainment, the parent of Canada’s Global TV network and a group of broadcast radio stations including Rocker CILQ “Q107” and Alternative CFNY “Edge 102” in the nation’s largest market, has received an order from the Ontario Superior Court of Justice to proceed with its previously announced recapitalization transaction, pursuant to a plan of arrangement under the Canada Business Corporations Act.


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