Daily Mail owner agrees to buy Daily Telegraph for £500m
Source: BBC
Getty ImagesThe publisher of the Daily Mail has agreed to buy the Daily and Sunday Telegraph for £500m.The Daily Mail and General Trust (DMGT) said it had entered a period of discussion with RedBird IMI, which put the Telegraph up for sale last Spring. The two parties said they expected the deal to be finalised "quickly".The deal needs to be signed off by Culture Secretary Lisa Nandy. A spokesperson said Nandy…
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