Planned Sale By GCap and Global Takeover
In February 2008 GCap Media announced it would be selling the analogue license for the station. This decision was blamed on GCap's desire to cut costs while trying to fight off a takeover bid by rival group Global Radio. Once Global's takeover of GCap succeeded, the decision to sell Xfm Manchester was reversed.
Read more about this topic: XFM Manchester
Famous quotes containing the words planned, sale, global and/or takeover:
“And the LORD changed his mind about the disaster that he planned to bring on his people.”
—Bible: Hebrew, Exodus 32:14.
“I keep thinking that what I need
to do is buy my leg back.
Surely it is for sale somewhere,
poor broken tool, poor ornament.
It might be in a store somewhere beside a lady’s scarf.”
—Anne Sexton (1928–1974)
“The Sage of Toronto ... spent several decades marveling at the numerous freedoms created by a “global village” instantly and effortlessly accessible to all. Villages, unlike towns, have always been ruled by conformism, isolation, petty surveillance, boredom and repetitive malicious gossip about the same families. Which is a precise enough description of the global spectacle’s present vulgarity.”
—Guy Debord (b. 1931)
“A poet is a combination of an instrument and a human being in one person, with the former gradually taking over the latter. The sensation of this takeover is responsible for timbre; the realization of it, for destiny.”
—Joseph Brodsky (b. 1940)