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Newcap receives approval to buy two Red Deer radio stations

Newcap of Dartmouth, NS has received approval from the CRTC to purchase the CIZZ-FM and CKGY-FM radio broadcast licences from Corus Entertainment. These stations are located in Red Deer, AB. Newcap and its parent company Newfoundland Capital already have a presence in 22 Alberta communities. The deal is expected to close within 60 days.

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