Lebedev wants to buy The Independent

The Russian businessman Alexander Lebedev, who had already bought the British newspaper Evening Standard this year, began negotiations on the acquisition of the Independent News & Media publishing house The Independent. About this writes The Wall Street Journal.

The source of the publication noted that Independent News & Media, the sale of a unprofitable newspaper may benefit. In recent years, The Independent has lost readers and cannot cope with competition from other publications.

The Independent News & Media Publishing House is not related to the Independent Media publishing house, which publishes Vedomosti, Esquire, Cosmopolitan and a number of other popular newspapers and magazines, notes Lenta.ru.