ITV considering takeover of Channel 4

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ITV is reportedly considering bidding for Channel 4 after it emerged that the government was preparing to privatise the network.

The Times reports that former Channel 4 boss, Lord Michael Grade, is also said to be in contention with ITV to takeover the fourth British terrestrial service.

Lord Grade ran Channel 4 between 1988 and the early 90s, is currently the chairman of Miroma. He was also went on to chair BBC and ITV.

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