Paul Marshall, a multimillionaire founder and investor in upstart conservative media outlets, has bought the right-wing British magazine in a deal worth about $131 million.
Tag: Zucker, Jeff
Telegraph Takeover Deal Seen as Fight for the Heart of U.K. Conservatives
A bid by an Arab American group, fronted by Jeff Zucker, the former CNN president, to buy The Telegraph is under scrutiny. That might leave an opening for a right-wing investor.