Media group UTV has walked away empty-handed from a number of takeover deals over the past two years as consolidation continues in the sector.
While there have been suggestions that UTV might become a takeover target if it fails to land a sizeable acquisition.
The Belfast-based firm failed to buy out TV3 last year and was also an under bidder for Emap’s radio stations in Ireland, which included the most valuable commercial station in the...
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