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Evening Standard

Henry Saker-Clark

Telegraph to be bought by US firm RedBird Capital for £500million

RedBird RedBird Capital United States Telegraph Media Group

The Telegraph is to be bought by a consortium led by US investment firm RedBird Capital for around £500 million.

It is the latest turn 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

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