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EMAP Announces Sale to German Media Firm |
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EMAP has announced that it will sell its consumer magazine and radio businesses to German publishing group Heinrich Bauer. The deal with Bauer means that EMAP will return around £1billion to its shareholders, before repositioning itself as an entirely Business2Busines focused publisher. The deal means that EMAP's music titles like Q and Kerrang!, and its music radio stations like Magic and Kiss, will now be part of the German media firm.
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