German media group Axel Springer will buy the publisher of UK’s Daily Telegraph for $766 million

German media group Axel Springer will buy the publisher of UK’s Daily Telegraph for $766 million

LONDON (AP) — German media group Axel Springer has agreed to buy the owner of Britain’s Daily Telegraph newspaper for 575 million pounds ($766 million), the companies announced Friday. The agreement ends a long saga over ownership of the Telegraph Media Group, which publishes the 171-year-old Daily...

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