ICICI Securities Ltd | Retail Equity Research Music Broadcast has announced the acquisition of Kolkata based radio station Friends 91.9 FM for a cash consideration of | 35 crore from Ananda Offset Pvt Ltd (AOPL). The transaction is also subject to adjustments with respect to any external debt as on date of acquisition and differential in working capital over and above normalised levels of | 9.2 crore. The deal is expected to be consummated in the next three months, post approval of Ministry of Information and Broadcasting (MIB)....