Gcap to Woo Investors with Digital Cutback

Summary


FRU Hazlitt, the new chief executive of bid target GCap Media, will rein in investment in digital radio and pledge to air more advertisements when she unveils her strategy for the group tomorrow.

However, the City believes she will struggle to persuade shareholders that her plans will result in better returns than the takeover offer tabled by Global Radio in December.

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Extract


Gcap to Woo Investors with Digital Cutback

The Irish group offered 190p a share, a 60 per ...

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