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GESCA ACQUIRES INTEREST IN METRO

Montreal-based Gesca Ltd. has acquired a minority interest in Metro, the daily newspaper distributed in Montreal's transit system. Financial details have not been released. Metro was launched in March by Transcontinental and Metro International S.A. At that time Transcontinental owned 75% of the newspaper while Metro owned 25%. Gesca, which publishes seven daily newspapers and one weekly, would not disclose how much of an interest it had acquired.

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