U.S. firm RedBird Capital reaches deal to purchase Britain’s Telegraph Media Group
U.S. investment firm RedBird Capital on Friday announced it has reached a deal to be the sole owner of Britain's Telegraph Media Group. File Photo…
US investment Firm RedBird to buy UK’s Daily Telegraph newspaper | Business and Economy
Abu Dhabi’s IMI will take a minority stake in the company of no more than 15 percent.A consortium led by US investment firm RedBird Capital…
Art Garfunkel, Paul Simon in ‘wonderful place’ after reunion
Art Garfunkel says he’s rekindling his bond with estranged Simon & Garfunkel bandmate Paul Simon, after decades of on-and-off tensions. The 83-year-old singer reflected on…
Abu Dhabi-backed group ends bid to take over Telegraph newspaper | Media News
The move comes after the UK said it would bring forward legislation to block such state-backed takeover deals in media. An Abu Dhabi-backed group planning…
More than 100 British MPs support bill to block UAE takeover of The Telegraph
More than 100 British MPs have signed a letter backing powers to block RedBird IMI's takeover of the Telegraph, the Sunday Telegraph, and the Spectator.…
Telegraph Bidders’ Déjà Vu: Sky News Arabia’s Empty Promises of Editorial Independence
As the takeover of the Telegraph faces UK Government scrutiny, the UAE-backed Redbird IMI has been making assurances of upholding the newspaper's editorial integrity. But…