The Rothermere family seems keen to avoid the label of buyout vultures. The clan, which controls Daily Mail and General Trust via a dual-class share structure despite owning just 36% of the British tabloid newspaper owner, on Thursday sweetened its offer for the remaining shares. It’s a gesture that should win approval from independent investors as well as the paper’s news desk, which has campaigned against private equity groups snapping up listed UK companies on the cheap.
Editing by Peter Thal Larsen and Oliver TaslicReuters Breakingviews is the world's leading source of agenda-setting financial insight.
As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.
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