Telegraph Buy-Over: Jeff Zucker Looks To Replace Abu Dhabi Cash In Sidestep To Government Bid To Block Deal
Published Date: 3/15/2024
Source: mediaite.com

Former CNN chief Jeff Zucker is reportedly looking to court US investors to replace the £600 million worth of Abu Dhabi sovereign wealth used in his proposed purchase of the Telegraph Group, after the Conservative Party’s move to block foreign state majority ownership of British media assets. Financial Times reports that the Zucker-led joint venture […]

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