Emap Shareholders Approve Sale To Bauer
January 25, 2008 at 7:57 AM (PT)
Shareholders of U.K. media firm EMAP approved the sale of the company's radio and consumer magazine divisions to H. BAUER for 1.14 million pounds, the company announced today. The votes, held separately for the magazine and radio divisions, were 97.95% favorable to the deal.
The sale of the company's business-to-business magazine and events division to GUARDIAN MEDIA GROUP and APAX will be voted upon separately.