UTV buys The Wireless Group
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UTV buys The Wireless Group

Ulster Television has bought The Wireless Group for nearly 100 million. Rumours have been circulating for many months but a deal was agreed over the weekend.

UTV’s offer for The Wireless Group was first published on RadioToday on Saturday, and was pitched at 91p per share. TWG own many ILR stations in the UK including Wish FM in Wigan, and Swansea Sound and national station talkSPORT.

UTV already owns several radio stations including Q102 and Limerick’s Live 95FM, and is expanding into Britain and Northern Ireland with this deal. The full price offered is 98.2 million pounds sterling.

Hear more radio industry news like this at the top of the hour on inRadio - the radio industry's very own radio station. Listen now in a new window whilst you continue reading RadioToday or press play below.

0 0 684 09 May, 2005 Industry News 4:16 am 20055 Monday, May 9th, 2005

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