 SMG is considering an approach from Ulster TV for the third time |
The owners of radio stations TalkSport and Virgin are back in merger talks. Ulster TV, which operates TalkSport, has approached Glasgow-based broadcaster SMG three months after it was rebuffed by its potential partner.
SMG, which owns Scottish Television, said it would put its search for a new chief executive on hold while the merger discussions take place.
A successful tie-up would create a media group worth about �400m. SMG turned down two offers in late August.
SMG added that good progress was being made on plans to sell outdoor advertising business Primesight and cinema counterpart Pearl & Dean.
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