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Business News Deals Media
UKRD buys into TLRC
By CMU Editorial | Published on Wednesday 18 February 2009
Local radio company UKRD has bought about 10% of one of its rivals, The Local Radio Company. It’s not clear if the deal will mean the two radio firms will work more closely together.
UKRD own 13 stations in the South of England, including Surrey station County Sound and Cornwall’s Pirate FM, while TLRC’s 19 stations are more widely spread across the country.
There had been talk of Talk Sport owners UTV Radio, who also own 15 local stations, from buying TLRC, and it’s not clear what UKRD’s share acquisition means for that deal.
