Summary
Radio giant GCap Media has confirmed it had rejected an approach from rival Global Radio potentially valuing the firm at around pounds313 million.
The firm said Heart and Galaxy owner Global Radio had offered 190p a share - a 57 per cent premium to GCap's closing share price on Friday.See the full content of this document
Extract
Radio Firm Rejects Pounds313m Takeover
GCap was formed from the merger of Capital Radio and Bristol- base...
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