
Read this: RadioToday - Communicorp buys 8 Global Radio stations

Summary: Communicorp is wholly owned by Denis OBrien, subject to regulatory approval. Most importantly the conclusion of this deal solidifies Globals position as the number one commercial radio company in the UK, and enables our brands to continue to grow, extending their reach into all parts of the UK, making Globals offering truly national. Its clear that the UK advertising market is buoyant, and this move will make us the 4th largest commercial radio group in the UK from a standing start. - radiotoday.co.uk
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