Global is City favourite to bid for Emap Radio

Article Abstract:

City consensus has it that Global Radio is leading the pack of potential purchasers of Emap radio. Guardian Media Group (GMG) and GCap Media are also strong contenders. GMG could be commendableas it now has the money to invest, but GCap would still have to secure the capital needed to bid for Emap. There could be regulatory challenges for the three bidding radio companies, which depend on whether Ofcom format regulations and ownership restrictions will let up.

United Kingdom, Evaluation, Letting of contracts, Competitive bidding

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GCap shares surge above Global bid price

Article Abstract:

GCap Media's shares had rose 50% after confirming a takeover approach from Global radio, when the shares surged by another 18.7% to 205p, above the proposed 190p bid. Talent Group, a television production company, has joined the "Broadcast 20". A table showing the share prices of media companies is also given.

PRINTING AND PUBLISHING, Radio and Television Broadcasting, Securities issued, listed, Motion picture & video production, Mass media industry, Securities, Company securities, Television production companies, GCap Media PLC, CAP

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