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Bell Canada purchases Astral Media

Ownership of the northwest's television station and several radio stations changed hands with Bell Canada purchasing Astral Media .

Ownership of the northwest's television station and several radio stations changed hands this morning, with Bell Canada agreeing to purchase Astral Media for $3.38 billion.

Astral Media currently operates CFTK TV, CFJW FM and EZ Rock radio stations. The deal is subject to approval by the Canadian Radio-television and Telecommunications Commission and the Competition Bureau