£200m media buyout to be investigated by the competition regulator and culture secretaryThe £200m deal struck by the publisher of the Mirror titles to buy Richard Desmond’s Express and Star newspapers is to be investigated by the competition regulator and referred to Matt Hancock,the culture secretary, over potential concerns it will reduce media plurality in the national newspaper market.
Trinity Mirror shareholders voted in February to approve the deal to add the Daily Express, and Sunday Express,Daily Star and Daily Star Sunday newspapers, as well as magazines including celebrity title OK!, and to its national titles the Daily Mirror,Sunday Mirror and Sunday People.
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Source: guardian.co.uk