Sale of Observer newspaper to Tortoise Media approved by board
Source: BBC
Getty ImagesThe sale of the Observer, the oldest Sunday newspaper in the world, has been agreed by the Guardian Media Group.The owner of the Guardian has confirmed a deal has been approved to sell the Observer - the Sunday newspaper founded in 1791 - to Tortoise Media.It was announced on Friday morning, after a meeting by the boards of the companies who own it - Scott Trust and the Guardian Media Group.The move…
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