Lord Rothermere s Reach for the Daily Mail may yet exceed his grasp
The Mirror and Express owner is now worth £1bn, meaning the Daily Mail s biggest shareholder may have to pay more to take DMGT private
24 July 2021 • 5:00am
For those in search of genuine amazement on a Friday afternoon in late July the stock market is not typically the best place to look.
Yet on Friday the City witnessed the greatest comeback since Lazarus said he was feeling all right actually, thanks.
Closing up more than 6pc at 326p per share, the valuation of Reach, the news publisher formerly known as Trinity Mirror, exceeded £1bn for the first time since the days of the financial crisis.
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