Barclay family have lost control of crown jewel media assets in bitter row with newspaper group’s lender
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The Daily and Sunday Telegraph are to be put up for sale in an auction after the Barclay family lost control of their crown jewel media assets in a bitter row with the newspaper group’s lender.
Lloyds Banking Group is understood to have appointed AlixPartners as the official receiver to seize the shares owned by the Barclay family in the holding company that ultimately controls the national newspapers and the Spectator magazine.
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