SMG Agrees to Talk Merger with UTV

22 August 2006

SMG, the underperforming Scottish TV and radio company, has finally yielded to the sweet nothings whispered in its ear by near-neighbour Ulster Television [WAMN: 21-Aug-06].

While far from agreeing to marriage, SMG is now ready to engage in a bout of foreplay. Consummation would create a company with a market value of around £400 million ($752.3m; €587.3m).