On the death of Henry Read, the paper was purchased by Sir Ray Tindle, whose company owns more than 200 weekly newspapers in Britain.
In February 1998 Sir Ray Tindle acquired Island FM and the station became the first part of the Tindle Radio Group, which now owns and manages various other stations including Jerseys' Channel 103.
Since 1980 the newspaper has been part of the Tindle Newspaper Group of local newspapers owned by Farnham Castle Newspapers and chaired by Sir Ray Tindle.
Sir Ray Tindle acquired Island FM in Guernsey in February 1998, and the station became the first building block in what is now the Tindle Radio Group, which owns and manages a small number of radio stations.
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