Daily Telegraph tipped to go to US bidder at auction
Source: BBC
The owner of the politically right-leaning New York Sun has emerged as the favourite to acquire the Daily and Sunday Telegraph ahead of Friday’s deadline for bids.Though a late entrant to the auction British-born Dovid Efune's BID is considered by several parties as the potential new frontrunner.He is thought able to offer a competitive bid of around £550m while not attracting the political and regulatory…
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