CARLTON TO BID FOR SMG Posted Tue Aug 1 08:12:46 BST 2000 by RB

Sunday Business reported that Michael Green was preparing a bid (hostile if need be) for Scottish Media Group.
I've heard nothing since then.
Could it be true?

Subject: Re: CARLTON TO BID FOR SMG [ Previous Message ]
Posted By Richard on Tue Aug 1 09:13:21 BST 2000:

>Sunday Business reported that Michael Green was preparing a bid (hostile if need be) for Scottish Media Group.
>I've heard nothing since then.
>Could it be true?
There were reports in one of the TV-related webistes (digiNEWS maybe?) about this which Carlton have since denied.

Subject: Re: CARLTON TO BID FOR SMG [ Previous Message ]
Posted By Whataday on Tue Aug 1 10:59:57 BST 2000:

They would have to sell a couple of the franchises, like Granada have to sell HTV due to the rules of the 1996 Broadcasting Act. It wouldn't be worth it. I don't think much will happen until the 2003 Broadcasting Act is put forward, relaxing the rules on how many franchies a company can own.

Subject: Re: CARLTON TO BID FOR SMG [ Previous Message ]
Posted By c@T on Tue Aug 1 21:48:49 BST 2000:

Granada has a stake in SMG -- so it wouldnt bother them - for carlton to have to resort to buying SMG means things a looking bad

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