MONTREAL, QUEBEC--(Marketwired - March 2, 2015) - TVA Group Inc. (TSX:TVA.B) is delighted to learn that the Competition Bureau has authorized the acquisition of 15 magazines, three websites and the customized publication contracts presently owned by TC Transcontinental.
No comment will be made until the transaction is finalized, which is due to occur in the next few weeks.
Until that time, employees of these magazines will remain in the employ of TC Transcontinental.
About TVA Group
TVA Group Inc., a subsidiary of Quebecor Media Inc., is an integrated communications company engaged in the broadcasting, film and television production, and magazine publishing industries. TVA Group Inc. is the largest broadcaster of French-language entertainment, information and public affairs programming in North America, the largest publisher of French-language magazines, and one of the largest private-sector producers of French-language content. The Corporation's Class B shares are listed on the Toronto Stock Exchange under the ticker symbol TVA.B.