Laser Sells Five U.K. Stations
October 30, 2008 at 5:18 AM (PT)
LASER BROADCASTING is selling five of its nine U.K. stations to real estate developer JOHN ROBERTS for an undisclosed price. ROBERTS, who owns SOUTH WEST RADIO LTD., is getting BATH FM/BATH, BRUNEL FM/SWINDON, 3TR/WARMINSTER, and the QUAYWEST stations (QUAY WEST 100.4/102.8/WEST SOMERSET and QUAY WEST 107.4/BRIDGEWATER-SEDGEMOOR).
LASER was placed in administration OCTOBER 14th after a creditor filed a petition to liquidate the company.