GCap's Bernard Nixes Emap Merger Talks
June 22, 2007 at 5:46 AM (PT)
UK radio giant GCAP MEDIA CEO RALPH BERNARD tells the DAILY TELEGRAPH that he has no intention of pursuing merger talks with the radio division of rival EMAP.
Reports yesterday that revealed previous discussions between the companies about a merger led BERNARD to tell the TELEGRAPH, "We never say 'never,' obviously, but we've got plenty on our plate, and we don't want to get into merger discussions just when we're getting things right." He would not confirm that talks had taken place before EMAP CEO TOM MOLONEY exited that company.