09-02-2018 09:32 via thedrum.com

Trinity Mirror agrees £127m deal for Richard Desmond's Express newspapers

Trinity Mirror has finally agreed a long-heralded takeover of tabloid newspapers the Daily Express and Daily Star after Richard Desmond consented to their sale, alongside celebrity-focussed OK! magazine.
Protracted negotiations to conclude a deal have been underway since August following the collapse of an earlier failed bid three years ago, with pensions liabilities forming the main bone of contention stalling progress.
Even though a deal has been agreed it is likely that both compani
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