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).