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Transcontinental Inc

03:51 PM EST - Transcontinental Inc : through its subsidiary TC Media, announced that it has become the sole owner of Metro Montréal and the paper's interactive platforms. The Metro Montréal newspaper, the most widely read weekday paper on the Island of Montreal, was formerly owned by a group composed of Metro International, Transcontinental Inc. and Gesca. It is a natural development for Transcontinental Inc. to become the sole owner of a daily paper in Québec, especially the well-known publication Metro Montréal, since it was the driving force behind its launch in 2001. Transcontinental Inc shares T.TCL.A are trading down $0.01 at $9.50.