Daily Mail owner to buy 'i' newspaper and website for 50 million pounds
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LONDON (Reuters) - The owner of the Daily Mail newspaper on Friday said it would buy the "i" newspaper and website from JPI Media for a 49.6 million pound cash consideration.The "i", established as the cut-price national sister paper of The Independent in 2010, was bought by Johnston Press in 2016. The company was bought by bondholders last year after filing for bankruptcy protection, who formed JPI Media. Daily Mail and General Trust said that while the deal to buy the "i" provided..