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Source: Axel Springer joins a group led by Dovid Efune that is making a ~£500M fully funded bid for the Telegraph, should DMGT's deal fail regulatory hurdles (Daniel Thomas/Financial Times)

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Daniel Thomas / Financial Times:
Source: Axel Springer joins a group led by Dovid Efune that is making a ~£500M fully funded bid for the Telegraph, should DMGT’s deal fail regulatory hurdles  —  New York Sun owner’s £500mn offer promises more cash upfront if DMGT fails regulatory hurdles