Wednesday, July 5, 2006

Purchase part of larger Transcon internet strategy

Transcontinental Inc. bought Zoupla Communications Inc., operator of the French-language cooking website Recettes.qc.ca, according to a story in the Globe and Mail. It said that this relatively small deal (sources familiar said it was only a few million dollars) is part of a larger plan to spend more than $50-million over the next four years boosting Transcon's presence on the

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