Tag Archives: Efune
New York Sun owner Efune set to close nearly $550 million UK Telegraph deal: Report
Top Stories Tamfitronics New York Sun's owner Dovid Efune is set to close the deal to buy the UK-based Telegraph for over $550 million, putting an end to the 16-month fight to control the conservative British newspaper, reported the news portal Financial Times on Sunday, October 6.The deal is set to be agreed upon next week as Efune is set to enter an exclusive talk with RedBird IMI to become the news proprietor of the new Telegraph, reported the news portal quoting people aware of the development.The discussions between the two reached an advanced stage this weekend even though they cautioned that these are yet to be finalised, they said, as per the report.RedBird IMI's decision to progress the discussions with Efune on an exclusive way would see off competition for the newspaper from National...
