Radio Group in Pounds-98 Mtakeover Deal

Evening TimesMay 09, 2005

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Summary


BROADCASTER Ulster TV shook hands today on a pounds-98.2million offer for the owner of talkSPORT radio.

UTV said the deal for The Wireless Group was a "cornerstone" in its strategy of expanding across the Irish Sea into radio and would generate at least pounds-1.5m in annual savings.

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Extract


Radio Group in Pounds-98 Mtakeover Deal

Its offer has been recommended by independent directors ...

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