Bunhill: Oyston on station
IF Trans World, the commercial radio group, thought it had seen the last of Owen Oyston, the flamboyant socialist tycoon, after ousting him from the board in 1991, it was mistaken. Mr Oyston still clings to a 29 per cent stake and may return with a full bid. He is also pitching for the new North-west independent radio franchise, which covers Manchester, Merseyside and Lancashire and would make an ideal marriage with his Lancashire Life, Cheshire Life magazines stable. It would also hit Trans World, which owns Piccadilly Radio in Manchester and Red Rose in Lancashire.
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