Global Radio is expected to imminently confirm the sale of BRMB*, Mercia FM, Beacon FM*, Wyvern, Gold Birmingham, Gold Coventry, Gold Wolverhampton and 106FM Heart East Midlands to Bauer Media for anything up to £30m.
http://www.mediaweek.co.uk/news/8996...l-Bauer-Media/
Info from Mediaweek.
* = Radio channels is on Virgin Media in some areas see my list on page one for more infomation.