Takeover By Global Radio
The Office of Fair Trading conducted an investigation into the takeover of GCap by Global and cleared it in August 2008, on the condition that BRMB, Beacon Radio, Mercia FM, Wyvern FM and Heart East Midlands were sold to satisfy competition concerns.
On September 23, 2008, it was announced that Fun Radio had been sold to Folder Media, leaving Chill as GCap's only digital station.
Read more about this topic: GCap Media
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