Planned Sale By GCap and Global Takeover
In February 2008 GCap Media announced it would be selling the analogue license for the station. This decision was blamed on GCap's desire to cut costs while trying to fight off a takeover bid by rival group Global Radio. Once Global's takeover of GCap succeeded, the decision to sell Xfm Manchester was reversed.
Read more about this topic: XFM Manchester
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