Lord Rothermere has won his battle to remove the family business from the glare of public markets after 90 years. The slimmed-down portfolio he is about to take private marks a return for the publisher of the Daily Mail to its newspaper roots, but it also raises the prospect of whether, in a quest for scale, a future tie-up with the Telegraph could be on the cards.
For much of this century Daily Mail & General Trust, which includes Metro and i alongside the Mail titles, embarked on a highly successful strategy to diversify away from a dependence on its publishing operation as the shift to digital began to hit the newspaper industry.
In 2009, Peter Williams, then DMGT’s finance director, was dismissive of the sale of the loss-making Evening
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