Original article by Thomas Seal, Sabah Meddings, Alex Wickham
The Age – Page: Online : 15-Jun-23

News Corp chairman Rupert Murdoch could be among the potential bidders for the UK’s The Telegraph newspaper and The Spectator magazine. They have been put on the market after the holding company for the two publications was placed in receivership earlier in June. Sources have indicated that Murdoch made an offer of about Stg50 million ($93 million) for The Spectator two years ago, and he is said to have long desired owing the 195-year-old magazine. However, a Murdoch bid for The Telegraph may face antitrust concerns and political opposition. Other potential contenders for The Spectator are said to include Paul Marshall, the co-founder of hedge fund Marshall Wace, while the Daily Mail & General Trust is seen as a possible buyer of The Telegraph.

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