Cycle Canada changes hands again
Cycle Canada magazine has been sold by LC Media to Les Editions Jean Roberts Inc. According to a story in the website CMG Online, the deal included Moto Journal. There is no information on the company website about the ownership change. LC Media purchased the magazines from Turbopress Inc. of Toronto and Brossard, QC and later narrowly escaped bankruptcy in 2007.
Les Editions Jean Roberts Inc. describes itself as the number one hobby magazine in Quebec and is better known for a range of publications about crafts, decorative arts, sewing and knitting.
Labels: transactions
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