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Mon 07 Jul 2007Price to be 14 times earnings at radio stationsThe price to be paid by Denis O'Brien's Communicorp for the three radio stations being sold by British plc Emap will be the highest multiple of profits paid to date for Irish radio assets, writes Colm Keena, Public Affairs Correspondent.Today FM, FM 104 and Highland Radio are between them expected to post earnings before interest, tax, depreciation and amortisation of €14.6 million in the year to March 2008.