Summary
UNDER-FIRE media group SMG could be the subject of a GBP 300 million takeover approach, following the departure of chief executive Andrew Flanagan and a 23 per cent slump in its shares.
Ulster TV (UTV) is understood to be preparing to swoop in the Glasgow firm, which owns Grampian and Scottish TV and Virgin Radio. It is not the first time that the talkSport owner has been linked to SMG, but recent troubles at its counterpart are likely to have re- ignited interest.See the full content of this document
Extract
Ulster Tv Turns Its Eyes On Beleaguered Smg
Shares in SMG, which also owns the Pearl & Dean advertis...
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