By John Glenday
Daily Mail and General Trust (DMGT), publisher of the Daily Mail, is seeking to dispose of its commuter-friendly free title the Metro for as much as £35m as part of efforts to ‘streamline’ its business.
First published back in 1999 the Metro is expected to command a price of between £25 and £35m and the sale, dovetailing with a strategic review of the public transport distributed title.
According to the Times the sale is being orchestrated by new DMGT chief executive Paul Zwillenberg with the aim of removing distractions from its core activities at the Daily Mail, a Read full story ›
Source: The Drum