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HomeGeneral NewsDaily Mail owner strikes $1b deal for UK's Telegraph

Daily Mail owner strikes $1b deal for UK’s Telegraph

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Daily Mail owner DMGT says it has struck an Stg500 million ($A1 billion) deal to buy rival newspaper the Telegraph in a tie-up that would create one of the most powerful right-leaning media groups in Britain.

The deal comes a week after US-based private investment firm RedBird Capital Partners…



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