Sale of the Observer to Tortoise Media agreed in principle

Sale of the Observer to Tortoise Media agreed in principle

The Observer, Guardian Media Group, Media, Media business, National newspapers, Newspapers, Newspapers & magazines, UK news Business | The Guardian

​Scott Trust says it will become a key shareholder and take a seat on both the editorial and commercial boards of the companyThe sale of the Observer, the world’s oldest Sunday newspaper, to Tortoise Media has been agreed in principle.The announcement by the Scott Trust, the ultimate owner of the Guardian and Observer, came as it also revealed that it would invest in Tortoise to become a key shareholder and take a seat on both the editorial and commercial boards of the media company. Continue reading… 

Scott Trust says it will become a key shareholder and take a seat on both the editorial and commercial boards of the company

The sale of the Observer, the world’s oldest Sunday newspaper, to Tortoise Media has been agreed in principle.

The announcement by the Scott Trust, the ultimate owner of the Guardian and Observer, came as it also revealed that it would invest in Tortoise to become a key shareholder and take a seat on both the editorial and commercial boards of the media company.

Continue reading… 

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