New York Sun Owner Dovid Efune Closes In on £550M ($719.5M) Deal for UK’s Telegraph

New York Sun owner Dovid Efune is closing in on a deal to buy The Telegraph for more than GBP550 million ($719.5 million), which would end a 16-month battle for control of the conservative British national newspaper. (FT) Efune is poised to enter exclusive talks with current owner RedBird IMI, Financial Times reported, citing three…New York Sun owner Dovid Efune is closing in on a deal to buy The Telegraph for more than GBP550 million ($719.5 million), which would end a 16-month battle for control of the conservative British national newspaper. (FT) Efune is poised to enter exclusive talks with current owner RedBird IMI, Financial Times reported, citing three… Read More

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