The Rothermere family has made an offer to take the publisher of the Daily Mail, i and Metro private in a £3.1bn deal, in a move that will end a 90-year run as a publicly listed company on the London Stock Exchange.
The family, which founded the Daily Mail in 1896 and listed parent company Daily Mail and General Trust in 1932, has tabled a 255p per share offer valuing the newspaper business at £850m including debt.
The Rothermere’s Jersey-registered holding company Rothermere Continuation Ltd
Read more on theguardian.com