GB News investor Paul Marshall seals £100m deal to buy Spectator
by Mark Sweney from World news | The Guardian on (#6QM2Y)
Hedge fund tycoon is also in talks with RedBird IMI to acquire Daily and Sunday Telegraph
Sir Paul Marshall has sealed a 100m takeover of the Spectator magazine as the backer of GB News completes the next stage of his ambition to control a significant swathe of the UK's conservative and rightwing media outlets.
Marshall, the hedge fund tycoon who already owns the UnHerd website, is also in the running to buy The Daily and Sunday Telegraph with the second round of bids by prospective buyers due by 27 September.
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