US bidder Dovid Efune set to buy Telegraph for £550m next week Media Dovid Efune, the owner of the New York Sun, is reportedly on the verge of buying The Daily Telegraph and its Sunday title for £550m, with signs a deal could be inked as early as next week. This weekend, Efune was engaged in advanced discussions with Redbird IMI, the current proprietor of the British broadsheet, although [...]
Sir Paul Marshall pulls out of race to own Telegraph Media Sir Paul Marshall has not submitted a formal offer for the Telegraph despite being regarded as one of the auction's front-runners.