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| | Scottish Media Group in talks with UTV again - Business - Belfast Telegraph (Site not responding. Last check: 2007-10-25) |
 | | SMG, the beleaguered Scottish media group, yesterday admitted that it was in merger talks with its rival, Ulster Television (UTV), about a deal that would give it 46 per cent of the combined company, just weeks after rejecting an offer from UTV that would have given SMG a 52 per cent stake. |
 | | Yesterday, it announced that it was in talks again with UTV, "regarding a possible nil premium merger of SMG and UTV, based on relative market values ". |
 | | UTV, which has the ITV franchise for Northern Ireland, has grown successfully by acquisition. |
| www.belfasttelegraph.co.uk /business/article2067788.ece?service=print (379 words) |
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