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Canadian regulator approves TVA's purchase of specialty channels

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Canadian regulator approves TVA's purchase of specialty channels

The Canadian Radio-television and Telecommunications Commission approved TVA Group Inc.'s proposed acquisition of specialty channels Évasion and Zeste from Serdy Média Inc.

In a Jan. 14 statement, TVA said it expects to close the deal shortly after satisfying all approval conditions.

TVA agreed in May 2018 to buy the Évasion and Zeste channels for C$24 million.