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The Week: Media news - Riley leads station buyout.(Phil Riley)(Brief article)

Campaign

| May 29, 2009 | COPYRIGHT 2003 Haymarket Business Publications Ltd. (Hide copyright information)Copyright

Phil Riley, the former Chrysalis Radio chief, has emerged as the chief executive of a venture capital group that has acquired eight Midlands-based stations from Global Radio, fending off the rival bidder Bauer Media.

Riley's group, Lloyds TSB Development Capital, bought the …

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