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Scottish Radio Holdings set to buy Highland Radio for €7m

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Tuesday, May 31, 2005

Media group, Scottish Radio Holdings (SRH), has reached an agreement to purchase Donegal's popular Highland Radio for around €7 million (USD $8.6 million). The Broadcasting Commission of Ireland has approved the deal in principle; but both the Competition Authority and the Minister for Enterprise, Trade and Employment still are entitled to block the deal.

Highland Radio, which broadcasts in north Donegal, Ireland, first hit the airwaves in 1990. It is based in Letterkenny. SRH is a major player in the Irish media market; already owning both Today FM and FM104. Apart from operating radio stations, SRH is also a major player in the weekly newspaper market in the UK and Ireland, owning 45 titles.

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This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.
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