Raine, which worked on recent deals at Chelsea and Manchester United football clubs, is to advise on the fate of the Telegraph newspapers and Spectator magazine, Sky News learns.
Traditional affinity between Conservatives and the newspaper has given way to a complex, splintered drama, and the attempted acquisition by Gulf-backed RedBird IMI lies in limbo
Is Gulf-backed bid for Telegraph effectively dead ? yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.