Waterford radio station attracts several bids

Several bids have been made for WLR FM, the Waterford local radio station that is expected to sell for as much as €15 million.

3rd June, 2006

Several bids have been made for WLR FM, the Waterford local radio station that is expected to sell for as much as €15 million. The sale is being handled by KPMG.

Industry sources said that WLR was in a due diligence process to give bidders more information about its finances.

Denis O’Brien’s Communicorp group, which owns radio stations in Ireland and Europe, has expressed an interest in WLR. However, it is understood that Independent News...

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