Falling share price at SMG sparks takeover speculation

Speculation was mounting today that Ulster TV could be preparing a £300m (€439.7m) move for the media group SMG, which owns Grampian and Scottish TV, Virgin Radio and the Pearl & Dean advertising business.

Falling share price at SMG sparks takeover speculation
Sun, 23 Jul, 2006 - 14:11

Speculation was mounting today that Ulster TV could be preparing a £300m (€439.7m) move for the media group SMG, which owns Grampian and Scottish TV, Virgin Radio and the Pearl & Dean advertising business.

It is not the first time that Ulster has been linked to SMG, but recent troubles at its counterpart are likely to have re-ignited interest.

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CourtsBusinessHeathrowPerson: Andrew FlanaganPerson: John McCannPerson: McCannPerson: FlanaganPerson: Donald EmsliePerson: Rob WoodwardPerson: Richard FindlayPerson: Chris MastersOrganisation: SMGOrganisation: Ulster TVOrganisation: GrampianOrganisation: Scottish TVOrganisation: Virgin RadioOrganisation: Pearl & DeanOrganisation: UlsterOrganisation: UTVOrganisation: ITVOrganisation: WirelessOrganisation: ITV1Organisation: Channel 4Organisation: Scottish Radio Holdings
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