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Mon 31 Mar 2008
Global Radio and GCap boards agree acquisition price
Media / All
Global Radio has agreed the terms to acquire GCap Media at a price of 225 pence per share, just one hour after the Takeover Panel granted a 24 hour extension for negotiations.
The deal, which values GCap at £375million, was first proposed in December at the price of 190 pence per share.
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