It was announced yesterday that the five FM stations Glastonbury Radio was bidding for, had been sold. The winning bidder was a company called "Your Media Communications" and includes one of the former members of the team at South West Radio and Laser Broadcasting.
We bid well over the estimated value of the five stations, but the winning bid was
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We have now officially challenged yesterday's takeover with Ofcom who have to approve the new owners.
Ross
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