O'brien Gets Green Light to Buy Two Out of Three Radio Targets
Summary
DENIS O'Brien's Communicorp will be allowed to purchase two out of the three radio stations it sought, the Broadcasting Commission of Ireland (BCI) ruled last night.
The telecoms tycoon had hoped to snap up Today FM, FM104 and Highland Radio for EUR200million from British group Emap, bolstering a broadcasting empire which stretches across Europe.See the full content of this document
Extract
O'brien Gets Green Light to Buy Two Out of Three Radio Targets
However, he was not allowed to take over FM104, due to the Commission's fear that this would give him too much control of the Dublin market.
The deal will still make him the biggest commercial radio station ow...See the full content of this document