Abu Dhabi-backed group ends Telegraph takeover bid menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
To the Commons, where Culture Secretary Lucy Frazer this afternoon gave a ministerial statement on the future of the Telegraph Media Group. It follows this morning’s news that the Abu Dhabi-backed company RedBird IMI will put the Daily Telegraph and Spectator titles back up for sale, after parliament moved to block foreign state ownership of UK newspapers and magazines. Frazer gave