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Daily Mail owner given extension on £810m bid to take company private

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Lord Rothermere now has until 28 October to make offer, as negotiations continue with pension trustees

Lord Rothermere has secured a deadline extension to make an £810m bid to take the parent of the Daily Mail private, as pension trustees negotiate the scale of future funding payments into the company’s schemes.

The Rothermere family, which has a 30% stake in Daily Mail and General Trust (DMGT), had until the end of the day on Thursday to make a “put up or shut up” offer for the business.

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