Carlton raises 2bn pounds sterling to start fight for MAI
Article Abstract:
Plans for a 3 billion pounds sterling merger between MAI, involved in television broadcasting and money broking, and United News and Media, could be prevented from going ahead by the actions of Carlton Communications. This company is currently raising 2 billion pounds sterling, and is expected to make a full bid for MAI or purchase a significant shareholding soon. Carlton is reported to be considering appointing US investment bank Merrill Lynch as adviser and a financial public relations concern.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
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Football could power new wave of local TV
Article Abstract:
Local television programming is set to take off in the UK as the number of new channels available on subscription rises and cable penetration increases. Mainstream broadcasters are now beginning to regard local television as offering flexibility and the opportunity to establish close links with viewers. It also represents a potential additional source of advertising revenue, which could in turn be invested in further programming.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
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