Summary
Broadcasting group UTV, which owns Swansea Sound and The Wave, has announced plans to raise almost pounds50 million as it became the latest firm to ask shareholders for a boost.
The company, which also owns talkSPORT, along with 23 other radio stations and an ITV franchise, said its discounted rights issue formed part of wider refinancing to reduce debt and strengthen its balance sheet.See the full content of this document
Extract
Radio Bosses Call for Cash
UTV said it remai...
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