Daily Mail owner DMGT announced that it has agreed to acquire rival newspaper The Telegraph in a £500 million ($650 million) deal, a move that would form one of Britain’s most influential right-leaning media groups.
The publisher of the populist UK tabloid the Daily Mail has struck a $655 million (£500) to buy The Telegraph and The Sunday Telegraph newspapers. The Daily Mail and General Trust (DMGT) said on Saturday that it had entered exclusive talks…
The publisher of Britain's Daily Mail has entered exclusive talks to buy Telegraph Media Group in a deal that would link two news groups that have traditionally supported the right-leaning Conservative Party
The owner of the Daily Mail has struck a £500 million deal to buy The Daily Telegraph, with the aim of securing the future of one of the world's most prestigious media brands.