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News Corp., Daily Mail not in talks for Telegraph bid, WSJ reports
The Fly

News Corp., Daily Mail not in talks for Telegraph bid, WSJ reports

The Daily Mail and News Corp.’s News UK haven’t held talks on a potential joint bid for the Telegraph newspaper, Elena Vardon of Wall Street Journal reports, citing sources close to the matter. There is no truth in the Bloomberg report, sources told the Journal. Bloomberg earlier today reported that News Corp. and the owner of the Daily Mail discussed a potential joint bid for the Telegraph newspaper alongside UAE-backed investment fund RedBird IMI.

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