Former editor of the Irish Sun Michael McNiffe with Rupert Murdoch in the Irish Sun offices, Dublin in February, 2012
RTÉ reports:
Rupert Murdoch’s News Corp is set to buy Wireless Group, which controls a number of Irish radio stations including FM104 and Q102.
Wireless Group was formerly UTV Media before the sale of its television assets, including UTV Ireland, to ITV.
As well the two Dublin stations, Wireless Group also controls Cork’s 96 FM and C103, Live 95FM in Limerick, LMFM in northeast Leinster and Belfast-based U105.
As well as its Irish radio interests, the group also controls a number of UK media brands, including talkSPORT.
The all-cash offer values the company at approximately £220.3m.
News Corp to buy Irish radio stations as part of £220m deal (RTE)
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