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Discovery, BT, others consider bids for Channel 4 - report

Tuesday 3 November 2015 | 11:15 CET | News
Investors are beginning to circle Channel 4 at the UK Government prepares to sell off the broadcaster, reports The Telegraph. These are understood to include BT, Discovery Communications and a consortium led by former Channel 4 chairman Luke Johnson, who chaired the company from 2004 to 2010. City sources indicate that Johnson has approached some potential backers about a possible bid for Channel 4, which could value the company at more than GBP 1 million. Sources at global TV company Discovery said it was keeping a close eye on Government plans for the broadcaster and considering a bid.

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Categories: Broadcast & Satellite
Companies: BT / Channel 4 / Discovery Communications
Countries: United Kingdom
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