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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Monty and the mystery of Mecom

It was reported yesterday on this site that David Montgomery's newspaper group, Mecom, had received an offer for its Norwegian business. A report in today's Financial Times adds to that speculation. To dispose of the Edda division makes some sense because it would reduce Mecom's £570m debt, but Monty is surely not a seller. After all, the whole point of his European adventure was to build an empire.

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