with RCS

Chrysalis to sell within months

Chrysalis Group is in talks with an unnamed private equity group over the sale of its entire radio division, including LBC and Heart, according to a source familar with the situation. The report, released by Reuters this afternoon says talks are progressing well and a conclusion should be reached by the summer.

Chrysalis would not comment on the recent news, but have said in February that they were launching a strategic review that could lead to the sale of the radio stations.

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