Hotline: ITV plc completes acquisition of stake in GMTV, Friday, 15 October 2004 12:00AM

ITV plc has completed the acquisition of Scottish Media Group's 25 per cent stake in GMTV, giving it a 75 per cent stake. Under the terms of the acquisition, ITV is now obliged to offer Walt Disney - which owns the remaining 25 per cent - the same terms for its stake.

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