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  • Rival Telegraph bid ‘ready to go’, says hedge fund tycoon

    Media

    City financier Jeremy Hosking has said his rival bid for Telegraph is ready to go, putting the hedge fund tycoon head to head with US private equity giant Redbird Capital Partners. Hosking plans to commit £100m of his own money into the newspaper group if his bid with The New York Sun owner Dovid Efune [...]

    Hosking has been working with the owner of the New York Sun to gain control of the Telegraph for months.

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