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UTV seeks £47m from shareholders as debts bite
LONDON - TalkSport owner UTV has revealed plans to raise £46.7m in a rights issue due to the high cost of refinancing the debt it has built up from recent acquisitions, sending its share price down 8%.
TalkSport: owner UTV seeks £47m from shareholders
Tags
- United Kingdom |
- Europe |
- UTV |
- Ireland |
- Radio |
- Television |
- Media
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