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TELUS Corp.

03:51 PM EST - TELUS Corp. : announced it has acquired Black's Photo Corporation, Canada's premier national imaging and digital retailer. TELUS has acquired Black's from privately owned ReichmannHauer Capital Partners. The value of the transaction is approximately $28 million. Following the acquisition, Black's stores will add TELUS wireless products and services in 113 premium locations nationally with a particular strength in the Ontario marketplace. TELUS Corp. shares T.T are trading up $0.31 at $34.74.