What’s going on in the battle for the Telegraph?

What’s going on in the battle for the Telegraph?

What’s in it for the other bidders? Nothing really. The other bidders have spent time and money preparing proposals to satisfy a formidable armada of inquisitors. The lender, the government, the regulators all required the bidders to explain the credibility of their finances, their business plans and their suitability to own political opinion-forming media assets.

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