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Berlusconi Family Is Close to Selling Milan Newspaper Il Giornale

Silvio Berlusconi

Silvio Berlusconi

Photographer: Alessia Pierdomenico/Alessia Pierdomenico

The family of former Italian Prime Minister Silvio Berlusconi is in advanced talks to sell Il Giornale, the Milan-based daily that rose to prominence among conservatives starting in the 1970s. 

Advisers for entrepreneur Antonio Angelucci and Berlusconi family representatives have been in contact about a sale, and a deal could be announced as soon as this month, according to people familiar with the matter, who asked not to be named since the talks aren’t public. A final decision hasn’t been made yet and the sale could also be delayed, they said.