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Jagran Prakashan may shed stake in radio business

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Jagran Prakashan may shed stake in radio business
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Blackstone-backed media house Jagran Prakashan Ltd is looking to dilute stake in its radio business to unlock value in the profit-making unit and raise cash to bid for next stage of phase III auctions of FM radio frequency.The firm had inked a deal to buy Radio City in December 2014 ......

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