Tag: Axel Springer

UK’s Telegraph Media Group to be Bought by German Axel Springer

UK – The UK’s Telegraph Media Group (TMG) will be acquired by the German Axel Springer in a £575 million ($730 million) deal. The all-cash offer outbids a rival £500 million agreement reached last November with the Daily Mail & General Trust (DMGT), the media company controlled by Lord Rothermere, owner of the Daily Mail. […]