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Axel Springer buys UK's Telegraph for $766m, ending ownership limbo

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l_654434_083735_updates.jpg Copies of The Daily Telegraph are displayed on a rack in a supermarket in London, Britain. — Reuters/File

German media group Axel Springer on Friday said it had agreed to buy Britain's Telegraph Media Group for 575 million pounds in cash, bringing to an end a prolonged period of...

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