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Absolute eyes up SMG's #60m Virgin.
Before the radio industry has a chance to catch its breath, a fresh batch of consolidation could be on the cards imminently with the sale of SMG's Virgin Radio portfolio. The speculated buyer here is Absolute Radio.
It is the second attempt by SMG to sell Virgin Radio, after offers came below its target price last September. Investment and consultancy firm Absolute Radio, founded by former Capital head of international development Donnach O'Driscoll and former ...
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