Wanted: Buyer for The Daily Telegraph, a 150-Year-Old British Newspaper
Wanted: Buyer for The Daily Telegraph, a 150-Year-Old British Newspaper
The Daily Telegraph, a more than 150-year-old politically influential British newspaper, has effectively been put up for sale after its parent company entered a form of insolvency proceedings.
Key Terms and Phrases:
- The Daily Telegraph: This is a politically influential newspaper in the UK that has been around for over 150 years.
- put up for sale: This phrase means "being offered for sale". In this context, it refers to The Daily Telegraph being put up for sale.
- parent company: This is a company that owns a majority of another company's stock and can control that company. Here, it refers to the parent company of The Daily Telegraph.
- insolvency proceedings: This refers to bankruptcy proceedings. Here, it refers to the parent company of The Daily Telegraph entering a form of insolvency proceedings.
Sentence Analysis:
"The Daily Telegraph, a more than 150-year-old politically influential British newspaper, has effectively been put up for sale after its parent company entered a form of insolvency proceedings."
This sentence means that The Daily Telegraph, a politically influential British newspaper that is over 150 years old, has effectively been put up for sale after its parent company entered a form of insolvency proceedings.
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