Tortoise Media to acquire The Observer.

Tortoise Media, a British news website, agreed to acquire The Observer, a British newspaper published on Sundays. Financial terms were not disclosed. "We are honoured and excited at the prospect of working together to renew The Observer, a name that represents the best of liberal, pioneering journalism. We admire its temperament, both tolerant and humane. We love its appetite for the arts and, of course, food. We promise its readers we will do all we can to live up to its history as a defender of human dignity and to give it a new lease of life as a powerful, progressive voice in the world," James Harding, Tortoise Editor and Founder.