Investel Acquires Coastline Broadcasting

Black Creek, British Columbia-based Coastline Broadcasting Ltd., a regional cable television provider, has agreed to be purchased by Investel Capital Corp. for an undisclosed sum. Under the terms of the agreement, the firm will take over all of Coastline's operations at the end of July. With offices in Vancouver and Toronto, Investel is an investment fund specializing in the acquisition of distressed and underachieving telecom companies.

23 July 2013•2 mins read
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