The deal would combine two of the country’s major newspaper groups, a move likely to attract antitrust scrutiny.
Category: Telegraph Media Group
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RedBird Capital Withdraws Takeover Bid for UK’s Telegraph
The exit by RedBird Capital Partners comes months after it agreed to buy control of the media company in a deal that valued it at $658 million.
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Telegraph Newspaper to Be Sold to Private Equity Firm RedBird Capital
After years in limbo, the British newspaper is set to be bought by RedBird Capital, an American investment firm with many sports, media and entertainment holdings.
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The Spectator Magazine Sold to Paul Marshall, a U.K. Hedge Fund Tycoon
Paul Marshall, a multimillionaire founder and investor in upstart conservative media outlets, has bought the right-wing magazine in a deal worth more $131 million.