Telegraph suitor considers legal action against UK government over rival bid

Exclusive: Figures led by New York Sun owner may seek judicial review after restrictions lifted on DMGT offerFigures involved in a rival bid for the Telegraph are drawing up legal action against the government, after ministers gave the owner of the Daily Mail permission to take a significant step towards clinching its £500m takeover.The Telegraph titles, which include the daily and Sunday editions, have been in limbo for three years after previous owners, the Barclay family, lost control of them over huge unpaid debts. Continue reading…