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Virgin Radio/UK Owner Fields Merger Proposal From UTV
August 18, 2006 at 6:01 AM (PT)
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UK national station VIRGIN RADIO owner SMG has disclosed that it has been approached with a merger proposal by ULSTER TELEVISION.
SMG says that the proposal would give its shareholders 50% of the new company, which would combine VIRGIN and the ITV franchises for SCOTLAND with UTV's ITV franchise for NORTHERN IRELAND and several radio stations including the national TALKSPORT operation.

