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Monday, Oct 7, 2024

New York Sun owner nears £550 million deal for Telegraph newspaper: Report

Bloomberg
Dovid Efune is nearing a deal to purchase the UK’s Telegraph newspaper for over £550 million. Exclusive talks with RedBird IMI are underway.
Dovid Efune has offered more money than other potential bidders including David Montgomery’s National World.
Dovid Efune has offered more money than other potential bidders including David Montgomery’s National World.

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News business New York Sun owner nears £550 million deal for Telegraph newspaper: Report