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FTI Consulting represents Telegraph Media Group and The Spectator as the British publications were put on the auction block after the owning Barclay family defaulted on a loan.
The sale process is currently on hold pending a Dec. 4 court date.
Jeff Zucker, former NBCUniversal CEO and CNN president, is among bidders for the conservative Daily Telegraph newspaper and Spectator magazine.
His Redbird private equity firm and an Abu Dhabi investment fund are offering $1.4B for the media outlets.
British politicos, though, have raised concerns over RedBird’s bid due to concerns about foreign ownership of the UK press. RedBird said it is committed to maintaining the independence of the Telegraph and Spectator.
FTI Consulting has John Waples, Rob Mindell, Mitch Barltrop and Tom Hufton working the deal.
BGR Group represents Noble Supply and Logistics as it files for Chapter 11 due to a change in its weapons support contract with the Defense Logistics Agency.
C Street Advisory Group is handling the Chapter 11 filing of LIV Golf following the move by Saudi Arabia’s Public Investment Fund to pull the financial plug on the League. (Updated)
Teneo handles Bamboo Insurance Services as the Midvale, UT-based marketer of homeowner policies files a Form S-1 statement with the SEC for an initial public offering.
FTI Consulting handles West Marine as the nation’s leading retailer of marine parts and accessories for boating, fishing and sailing enthusiasts emerges from Chapter 11 bankruptcy.
Throughline Global Advisors represents Principal Mineral as it acquires Conductive Group, manufacturer of advanced materials for the aerospace, telecommunications and electronics sectors.
