The Spectator, a 196-year-old magazine with a prominent place in British political life and longstanding ties to the Conservative Party, was on Tuesday sold to a hedge fund tycoon whose media interests also include a right-wing TV channel that has antagonized the country’s broadcasting regulator.
In a deal worth 100 million pounds, or $131 million, Paul Marshall, a press-shy multimillionaire who made his fortune through the hedge fund he co-founded, Marshall Wace, took control of The Spectator.
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