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GMG on course for Jazz take-over. (news file).

Music Week

| June 01, 2002 | Williams, Paul | COPYRIGHT 2002 UBM Information Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Guardian Media Group's take-over of Jazz FM moved a step closer after Clear Channel last week failed to receive a higher offer for its majority stake in the radio station. Earlier this month, Clear Channel said it would accept GMG's offer of 180p a share if it had not received an offer of 220p or higher by May ...

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