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Capital Radio and GWR have confirmed plans for a £711m merger, in order to create a national commercial radio network better able to compete with the BBC.
Capital Radio and GWR have confirmed that they are in merger discussions, which could lead to the creation of a £700m broadcasting group.
Capital Radio has acquired two Choice FM radio stations in London, in a £12m deal that involves buying the remaining 81% of Tainside.
Capital Radio has confirmed plans to invest £11m in the internet, digital radio and marketing in 2001.
Capital Radio is looking to expand into continental Europe by setting up alliances with radio companies in a number of unspecified countries.
Capital Radio has announced an agreed takeover offer for Border Television, in a deal that values the Carlisle-based media company at about £146m.
Capital Radio is selling the Henry J Bean chain of bar restaurants to a management team operating as Silverluck for £2.4m.
Capital Radio has acquired Red Dragon Radio, which operates two Welsh radio stations, from Emap for £18.2m.
Capital Radio has acquired XFM, the London pop music radio station, for £16m.
Capital Radio is acquiring Virgin Radio Group, which owns a national commercial licence and an FM licence in London, for £65m, giving Capital a total of three radio stations in London.
Capital Radio has launched an agreed £57m bid for My Kinda Town, the themed restaurants chain, a move seen as an extension to its Radio Cafe idea.