The Week: City News - UKRD to acquire rival TLRC

The local radio group UKRD is set to acquire rival broadcaster The Local Radio Company. UKRD already has a 13.5 per cent stake in TLRC, which owns stations including Jazz FM, Silk FM, Sun FM and Isle of Wight Radio. UKRD is offering 2p a share for TLRC, in an offer worth £1.24 million.

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