Barclay brothers set to battle for Telegraph
According to reports yesterday, the brothers are considering a renewed attempt to buy the Telegraph newspapers. A previous bid by David and Frederick Barclay to buy the 30% stake in Hollinger Incorporated owner of the Telegraph titles owned by Conrad Black was rejected by a US judge last week as unfair to other shareholders in Hollinger.
Reports yesterday said the Barclays may partner with a private equity firm to bid for the assets of Hollinger International.
