Daily Telegraph Publisher’s $761M Sale To Axel Springer Completes

The Daily Telegraph‘s sale to Germany’s Axel Springer for £575M ($761M) has completed. The deal brings to and end a long period of uncertainty at Telegraph Media Group (TMG), which publishes the 172-year-old Telegraph tabloid newspaper in the UK. It closed after regulatory approval was gained in the UK, Ireland and Austria. Axel Springer, owner […]

By Jesse Whittock