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The Independent UK

Business

Harriette Boucher

Telegraph sale collapses as RedBird pulls out of £500m deal to buy newspaper

RedBird RedBird Capital United States

US investment group RedBird Capital has abandoned its proposed £500m takeover of The Telegraph, throwing the future of the newspaper into question.

It is the latest twist in a tumultuous two-year takeover process for the 170-year-old newspaper business.

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We Got This Covered

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

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