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ID: 54787775 Video

Headline: Daily Telegraph to Be Sold to US Firm RedBird in Deal Ending Two-Year Ownership Gap

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RedBird Capital, a US buyout firm, has agreed to take control of the Daily and Sunday Telegraph, ending a two-year ownership vacuum. The deal will see RedBird buy the stake previously owned by Emirati royal Sheikh Mansour bin Zayed Sultan al-Nahyan.

Keywords: Current Affairs & Politics,RedBird Capital,Daily Telegraph,Sheikh Mansour,media ownership,regulatory approval,IMI,Spectator,auction,Gerry Cardinale,UK government,investment,expansion,US market,media,acquisitions,sports,ownership,newspapers,UK,business deal,regulatory,ownership gap

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