Ashcroft Buys 23% Stake in Dods From Michael Danson, CFO Says

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Michael Ashcroft, the U.K. Conservative Party’s single largest donor, acquired 23 percent of publisher Dods Group Plc from Michael Danson, said Chief Financial Officer Rupert Levy.

Dods, which owns the U.K. parliamentary magazine The House, said July 5 that it had received approaches from a “number of third parties” which may lead to an offer for the company. Levy declined to comment when asked by Bloomberg who had made the approaches.