U.K.'s Virgin Radio Sale Talks Alive
January 21, 2008 at 5:21 AM (PT)
SMG says that the sale of Rock VIRGIN RADIO/LONDON is back on the front burner with several potential buyers making inquiries. The station was put on the block last SUMMER, but offers failed to meet SMG's expectations.
A statement from the company said that the company considers VIRGIN RADIO "non-core. Following a number of expressions of interest from various parties, SMG is currently exploring its options." GLOBAL RADIO and GUARDIAN MEDIA GROUP are among the possible suitors for the station.