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Abu Dhabi-Backed Fund Attach of abode To Take hang of Befriend watch over Of UK’s Telegraph Media Neighborhood

Abu Dhabi-backed investment fund RedBird IMI said Monday it is set to take control of The Daily and Sunday Telegraph sister newspapers and The Spectator magazine in Britain.  RedBird IMI -- a joint venture between US firm RedBird Capital and Abu Dhabi's International Media Investments -- said it had struck a deal for a "package of loans" totalling £600 million ($750 million) to take control of the Telegraph Media Group.…