East Coast FM to go on the market

Wicklow radio station East Coast FM is expected to go back on the market in 2008, with Denis O’Brien’s radio group Communicorp understood to be ready to sell its stake in the company.

Radio sources expect East Coast to be put up for sale in the first few months of 2008.

Communicorp owns 30 per cent of East Coast and if the station sold for €10 million, it could net the company around ...