Axel Springer to Buy Telegraph
In an extraordinary development, Axel Springer is buying the Telegraph. Per Daniel Thomas, Arash Massoudi and James Fontanella-Khan at the Financial Times, the German publisher moved fast to beat out DMGT, the owners of the Daily Mail with a shock bid. In a statement, Axel Springer chief executive Mathias Döpfner said: Axel Springer was founded […]
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