Sale of the Observer to Tortoise Media agreed in principle

Scott Trust will become a key shareholder and take a seat on both the editorial and commercial boards of the company

The sale of the Observer, the world’s oldest Sunday newspaper, to Tortoise Media has been agreed in principle.

The announcement by the Scott Trust, the ultimate owner of the Guardian and Observer, came as it also revealed that it would invest in Tortoise to become a key shareholder and take a seat on both the editorial and commercial boards of the media company.

Topics

Journalists begin second strike over proposed deal to sell the Observer to Tortoise Media

Second two-day action follows news that the deal was agreed in principle last week by the Scott Trust. Journalists at the Guardian and the Observer are on Thursday beginning a second 48-hour strike ...
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Deal agreed to sell the Observer to Tortoise media organisation

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We want what’s best for the Observer – and the Guardian. That’s why the deal with Tortoise makes sense | Ole Jacob Sunde

The world’s oldest Sunday paper must have resources, a modern strategy and a new focus to thrive. This agreement guarantees all three . The strategic direction of the Observer was set several years ...
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Sale of UK's Observer, world's oldest Sunday newspaper and a bastion of liberal values, is agreed

The sale of the Observer, the world’s oldest Sunday newspaper and a bastion of liberal values in Britain’s media landscape, has been approved, despite two days of strike action from journalists ...
ABC News - 5d
Guardian Confirms Sale of The Observer to Tortoise Media

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Observer newspaper sale to Tortoise Media approved

The Scott Trust and Guardian Media Group agreed the sale on Friday, despite pushback from staff.
BBC News - 5d
Observer sale to Tortoise to proceed after late-night agreement

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Guardian Journalists Strike Over Planned Sale of The Observer

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The New York Times - 6d
Journalists strike over proposed sale of Observer to Tortoise Media

Forty-eight-hour strike, first at Guardian in more than 50 years, to take place on Wednesday and Thursday. Journalists at the Guardian and the Observer are holding a 48-hour strike in protest at ...
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