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UMH buys two radio stations placing itself first in the segment

UMH buys two radio stations placing itself first in the segment

28 January 2011

UMH (FSE: A65 GR) have acquired two radio stations, Nashe Radio and NRJ, from Communicorp Group, the local daily Kommersant reported today citing its sources. This acquisition boosts UMH share on radio market to over 30% from 23%, according to TNS, putting it on the first place by the daily audience.

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