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The Guardian: Barclay family's £1bn 'back door' offer for Telegraph alarms rival bidders

Important information - This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

Bidders for the Telegraph are concerned the Barclay family's £1bn 'back door' offer could have a 'chilling effect' on the official auction, according to a source close to the process.

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