Press Holdings and May Corporation Limited are two Jersey-registered holding companies owned by Frederick Barclay, which control the UK holding company Press Acquisitions Limited,[1] which in turn owns the Telegraph Media Group, parent company of The Daily Telegraph and The Sunday Telegraph.[2]
In December 2005, Press Holdings sold The Scotsman Publications to the Edinburgh-based Johnston Press for £160m,[3] having paid £82m for the group in 1995.
The company also owns The Spectator, a weekly British political magazine, and Apollo, an art magazine.
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