Daily Telegraph tipped to go to US bidder at auction

Quick Summary:

British-born Dovid Efune who owns the New York Sun is considered by several parties as the frontrunner.

Backed by funds from fellow hedge fund boss Ken Griffin, some have speculated that Sir Paul wants to add to a growing right-leaning media empire that includes GB News.

Hedge fund tycoon Sir Paul Marshall recently acquired the Spectator for £100m and appointed former Conservative minister Michael Gove as the new editor.

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Article Details

Category: Business

Markets: United KingdomUnited Arab Emirates

Topics: Ownership Spectator Other Thought Owner Telegraph Bidders Backed Government Considered

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-27 @ 15:52:08 (2 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 821 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 22772817

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 4 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #43

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