Daily Mail owner buys i newspaper for £50m

Daily Mail owner buys i newspaper for £50m

The owner of the Daily Mail, DMGT, has bought the i newspaper and website for £49.6m from JPI Media.

DMGT chairman Lord Rothermere said the paper was “a highly respected publication with a loyal and engaged readership”.

“We are committed to preserving its distinctive, high-quality and politically independent editorial style.”

The Competition and Markets Authority will have to approve the deal.

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