THE GOVERNMENT yesterday said it was "minded" to intervene in the Daily Mail owner's £50m takeover of the i newspaper.
Despite the initial warning, culture secretary
DMGT and JPI Media have until 13 January to provide further information in writing, and a final decision will be made in the week commencing 20 January.
The competition watchdog has already stepped in, serving an initial enforcement order while it reviews the merger.
The order, also known as a hold separate arrangement, means DMGT will be forced to run the i independently ahead of a potential competition probe.
The proposed deal ended months of speculation over the bidders for titles belonging to JPI Media, which was formed after a private equity-led rescue deal for
Publishing group Reach in November said it had pulled out of the race for some of JPI's titles.
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