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CANWEST ACQUIRES AUSTRALIAN ADVERTISING COMPANY

Winnipeg-based CanWest Global Communications' Australian television operation, Network TEN, has acquired full control of out-of-home advertising company Eye Corp. Network TEN paid A$10 million for the 40% of Eye Corp. it did not already own. The network acquired a 60% stake in the company in December 2000. That acquisition was CanWest's first entry into the out-of-home advertising business.

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