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| General News: Bell Globemedia Completes Takeover Bid for CHUM Limited |
| Posted
on Tuesday, September 12, 2006 - 03:51 PM |
Bell Globemedia Inc. ("BGM") and CHUM Limited ("CHUM") announced today that approximately 8,200 additional common shares ("Common Shares") and approximately 1 million additional non-voting Class B Shares ("Class B Shares") of CHUM have been deposited pursuant to BGM's offer (the "Offer") to purchase all of the outstanding Common Shares and any and all of the outstanding Class B Shares. The Offer, which was extended on September 1, 2006, expired at 5:00 p.m. (Toronto time) today.
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