Feb 27, 2007 • 1 min read

Chrysalis may consider management buyout of radio business

Chrysalis says a management buyout of its radio business is among the options it will consider, after rumours that Chrysalis Radio boss Phil Riley was seeking to lead a takeover.

Chrysalis has indicated that it might consider a management buyout of its radio business. We reported recently that the music and media company was undertaking a 'strategic review' of its radio arm, perhaps with the aim of selling it off. Chrysalis yesterday said that a management buyout was one of a number of options that would be considered, following rumours Chrysalis Radio boss Phil Riley was investigating the possibility of leading a takeover offer for the radio business.

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