Galaxy and Heart Caught Up in Global Radio Offer

Summary


Global Radio is this week expected to make public a pounds 296 million-plus takeover bid for Capital Radio-owner GCap Media.

The group, whose stations include Heart and Galaxy, is understood to have already made an approach to GCap in writing on December 17.

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Extract


Galaxy and Heart Caught Up in Global Radio Offer

But chairman Richard Eyre is believed to have rejected it two days later without infor...

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