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ZOOM MEDIA BUYS PARKAD

Montreal-based indoor advertising company Zoom Media is set to purchase Parkad Media for an unknown amount. Toronto-based Parkad, which was founded in 1999 by Brad Golden, operates approximately 100 billboards in the parking facilities of office towers in Toronto, Calgary and Vancouver. The operations and inventory of Parkad will be incorporated into Zoom Media's existing parking lot inventory, according to Chantal Goncalves, communications and marketing manager for Zoom Media.

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