RedBird Capital Partners has finally secured a deal for the Daily Telegraph publisher Matt Cardy/Getty Images Gerry Cardinale’s RedBird Capital Partners has reached an agreement to buy the UK ...

A consortium led by U.S. investment firm Redbird Capital Partners has agreed to buy the publisher of Britain's 170-year-old Daily Telegraph newspaper for about $674 million.

A consortium led by US investment firm RedBird Capital Partners has agreed to buy the publisher of the United Kingdom’s 170-year-old Daily Telegraph newspaper for about $674m (500 million pounds).