Business
Australian Associated Press sold to consortium of investors and philanthropists at 11th hour – The Guardian
AAP chief Bruce Davidson said in an all-staff email on Monday night that the ‘new’ newswire will retain 85 editorial staff and relaunch on 1 August
Newswire Australian Associated Press (AAP) has been sold in an 11th-hour bid by a philanthropic investment consortium helmed by former News Corp chief executive Peter Tonagh.
The deal was signed one…
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