UTV Media has confirmed that it is in discussions regarding a potential sale of its television assets.
In a note to the market today, the Belfast-based company notes the recent media speculation and says discussions are ongoing and may or may not result in such a transaction being agreed.
UTV says a further announcement will be made when appropriate, but the Belfast Telegraph says the deal will be done this week.
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Monday, 24 August 2015
ITV set to buy UTV
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