INSIDER
US investment firm Redbird agrees to buy Britain’s venerable Telegraph newspaper
Read full article: US investment firm Redbird agrees to buy Britain’s venerable Telegraph newspaperA consortium led by U.S. investment firm Redbird Capital Partners has agreed to buy the publisher of Britain’s 170-year-old Daily Telegraph newspaper for about $674 million.
UK government says it will back legislation to ban foreign state ownership of British newspapers
Read full article: UK government says it will back legislation to ban foreign state ownership of British newspapersThe U.K. government says it will back legislation banning foreign state ownership of British newspapers and magazines, a move that could upend a planned takeover by a United Arab Emirates consortium of the Telegraph Media Group.