LONDON (Alliance News) - UTV Media PLC on Monday confirmed it is holding talks on the potential sale of its television assets.
In a short statement, Belfast-based UTV said the talks are "ongoing" and there is no certainty they will lead to a transaction being agreed.
The Guardian newspaper reported over the weekend that ITV PLC, the FTSE 100-listed broadcaster, is in talks to buy the company.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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