According to paidContent, Apax Partners and Guardian Media Group – the publisher of the Guardian – have begun preliminary discussions with a number of banks about the future of their jointly-owned Trader Media Group business.
A trade sale or a flotation of TMG, which could value the owner of Auto Trader at up to £2 ($3.21)bn, are the likeliest options.
- Andrew Miller appointed chief executive officer of Guardian Media Group Posted on July 5, 2010
- Trinity Mirror plc to acquire GMG Regional Media Posted on February 9, 2010
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