Osprey Communications, the London-headquartered advertising and PR group acquired last year by Interfocus, UK arm of Canadian network Maxxcom, is in takeover talks with TenAlps.

Accordingly, Osprey shares have been suspended pending the outcome of negotiations, which could result in a reverse takeover by the TV and radio production house backed by erstwhile rock star Bob Geldof.

News source: CampaignLive (UK)