Daily Telegraph and Sunday Telegraph newspapers to be put up for sale

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The Daily and Sunday Telegraph are to be put up for sale in a deal that promises to reshape the media landscape after the Barclay family lost control of their crown jewel media assets in a bitter row over nearly £1bn of unpaid debts.

The Bank of Scotland has appointed the firm AlixPartners as 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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