RCL to acquire the remaining 71.9% stake in Daily Mail and General Trust for $530m.

RCL, a holding company, agrees to acquire the remaining 71.9% stake in Daily Mail and General Trust, a media company, for $530m. DMGT provides businesses and consumers with compelling information, analysis, insight, events, news, and entertainment. On November 2, 2021, The Rothermeres have time until November 25 to make a firm offer to buy DMGT via their vehicle Rothermere Continuation or walk away. On November 4, 2021, Rothermere family agree deal to take Daily Mail publisher private. On December 2, 2021, RCL increased its offer to $3.6 per share. On December 16, 2021, Rothermere family won battle to take Daily Mail publisher private.