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Communicorp expands, Emap changes
If regulators concur, Emap’s three Irish radio stations will join the Communicorp family. The purchase agreement signed over the weekend and announced to the London Stock Exchange this morning ends month long bidding for another part of Emap’s broadcast holdings it wants to shed. Communicorp, Denis O’Brien’s radio company, will pay about €200 million (£135 million, US$275 million).
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