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Read this: Richard Desmond to face MPs if he wins Channel Five bid | Media | The Guardian

Summary: Desmond is likely to be named tomorrow as the preferred buyer for the company, according to industry sources. The deal is unlikely to be blocked by regulators because there are no competition issues. Desmond's combined share of the UK media market will still be relatively small if the purchase goes ahead. - link

Richard Desmond to face MPs if he wins C…

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