National World to Buy The Telegraph

National World to Buy The Telegraph

Yahoo Finance

Daily telegraph newspaper The Scotsman and Yorkshire Post has said it is the “best qualified” buyer for the Telegraph. It said: “The conclusion of [The Telegraph’s] ownership change is still in doubt but the opportunity was in line with both the founding principles of National World – that it would be a consolidator in the sector” The company, which has a stock market valuation of only £36m, last year became the first suitor to publicly declare an interest in buying The Telegraph after Lloyds Banking Group

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