Capital Radio and GWR to merge
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Capital Radio and GWR Group say they plan to merge in an all-share, nil-premium deal that will create the dominant company in the UK radio sector.
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Radio broadcaster Entercom Communications Corp. has signed a deal that will allow a startup company called TargetSpot to sell and deliver audio and other kinds advertising on the Web sites of about 90 radio stations owned by Entercom.
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District-based XM Satellite Radio Holdings Inc. and New York-based Sirius Satellite Radio Inc., which together control the emerging satellite subscription radio market, today announced that they plan to merge in a $13 billion deal.
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The Nationwide and Portman building societies announce they are to merge.
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Classic FM owner GWR and Capital Radio are to merge in a deal creating a company with a 36% share of the UK commercial radio audience.
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The Royal Dutch/Shell Group of Cos. unveiled plans Thursday to merge its two holding companies after nearly a century apart, a response to a scandal over its downgrading of oil reserves. The company, which posted third-quarter profits double those of a year ago, also warned it might further reduce its proven oil reserves.
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Cable mogul John Malone moved to consolidate his holdings on Tuesday, announcing that Liberty Media International agreed to buy the rest of cable provider UnitedGlobalCom Inc. for about &#36;3.5 billion.
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Cazenove&#39;s investment banking unit, which advises nearly half of Britain&#39;s leading companies, is to be merged with the rival operation run by JP Morgan, ending 181 years of independence.
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The proposed merger of GWR and Capital comes at a pivotal point for the radio industry as the digital revolution gathers pace. Broadcasters have frequently stated how
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Capital Radio and GWR saw Â£45m wiped off their combined stock market values yesterday as investors digested details of their proposed merger alongside trading updates published simultaneously by both companies.
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CAPITAL Radio and GWR Group have agreed the terms of an all-share merger to create the UKâs leading commercial radio group. The companies announced today that Capital shareholders will own 52 per cent of
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The two main U.S. satellite radio providers, Sirius Satellite Radio and XM Satellite Radio on Monday said they would merge in a stock-for-stock deal, a move that has been long expected in the young industry.
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Cell-phone tower company Crown Castle International Corp. agreed to buy smaller rival Global Signal Inc. for $4 billion in cash and stock, the companies said Friday, creating a behemoth with more than 24,000 wireless sites.
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Business & money: Global Radio has less than a month to persuade GCap shareholders not to back recovery plan
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By ALISON CHIESA  SAGA Radio has been bought by Guardian Media Group (GMG) for an undisclosed sum, it was revealed yesterday.  The move is part of a bid by the group to tap into the market currently monopolised by BBC Radio 2, it said.
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Capital Radio and GWR admitted yesterday that they are in talks over a Â£700m merger of equals, a deal that will kick-start the long-awaited consolidation of the UK commercial radio industry.
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Music publishers and U.S. commercial radio station owners said on Monday they had agreed to a new &#36;1.7 billion deal to cover licensing rights for music played over radio airwaves or via radio station Web sites.