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OKANAGAN TO BUY NORNET

The Okanagan Skeena Group Ltd. announced this week that the Canadian Radio-television and Telecommunications Commission has approved its purchase of Nornet Broadcasting for $9.6 million. The deal is expected to close by the end of January. Nornet operates 15 radio stations in Alberta and B.C. Okanagan already owns 16 radio stations, two TV stations and 12 cable television systems in British Columbia.

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