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Bauer to buy Global’s Midland stations?

By | Published on Tuesday 7 April 2009

Rumour has it that Global Radio is in talks with rivals Bauer Media about the former selling its BRMB, Mercia, Wyvern and Beacon Radio stations to the latter. Global has to sell some of the Midlands stations it acquired when it bought GCap in order to satisfy Office Of Fair Trading conditions set down before that takeover occurred. Radio Today reckon that if the deal is done those local FM stations will become part of Bauer’s Big City network of local pop stations.

According to the Sunday Times there were five parties interested in buying the stations, but at the moment only talks with Bauer are ongoing. A deal could be done within the month. Global is also expected to sell its stake in the Digital One national DAB network, something GCap had been planning on doing anyway prior to Global’s takeover, such is the pessimism regarding DAB in the commercial radio sector just now.



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