Clare FM applies to buy Tipp FM

Regional radio station Clare FM has informed the Competition Authority that it intends to acquire neighbouring station Tipp FM for an undisclosed sum.

24th March, 2013

Regional radio station Clare FM has informed the Competition Authority that it intends to acquire neighbouring station Tipp FM for an undisclosed sum.

Dreamglade Ltd, of which Clare FM is the lead shareholder, plans to acquire the controlling shareholding in Tipp FM from the Irish Press Group, which has had a stake in the station since 1999. The acquisition already has the approval of the Broadcasting Authority of Ireland (BAI).

The planned acquisition follows the formation...

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