UK Newspaper The Telegraph Set for US Ownership

This is Beirut, 23/05 11:55 - Reading : 1 minute(s)

United Kingdom USA The Telegraph Redbird

British right-wing newspaper The Telegraph has agreed a deal that would see it purchased by US investment group RedBird Capital Partners for £500 million ($670 million), the pair announced Friday. RedBird has struck an "in-principle agreement" to purchase The Telegraph Media Group (TMG), which comprises the 170-year-old paper's print and online ...