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Five TV channel sale sees RTL in control
BRITAIN'S channel Five station will come under the full control of RTL, Europe's biggest broadcaster, after publishing group United Business Media agreed to sell its share in the station for £247.6 million.
RTL said it would buy UBM's 35.4 per cent stake in a deal that had been expected for months, as the British media group - which recently sold Exchange & Mart - sells off assets outside its core publishing business.
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Saturday 26 May 2012
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