SMG has increased its interest in Scottish Radio Holdings (SRH) again today, following a similar deal yesterday (see SMG Continues To Build Scottish Radio Stake). The Scottish media group has been building its SRH holding gradually for some time now (see City News).
This morning it acquired a further 175,000 shares at 1,375p each, or £2.4 million. This is 0.5% of SRH’s share issue and takes SMG’s holding in the company to 29.1%.
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