RedBird Capital withdrew its £500 million bid for the Telegraph Media Group on Friday, leaving the fate of the major British publisher unclear.
“RedBird has today withdrawn its bid for the Telegraph Media Group,” a representative for private equity firm RedBird Capital Partners told CNN. “We remain fully confident that the Telegraph and its world-class team have a bright future ahead of
Continue Reading on CNN
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.