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Rescue for Denmark's popular freesheet

Denmark's most read newspaper, the freesheet Nyhedsavisen, has been rescued from possible closure by the US venture capital firm Draper Fisher Jurvetson. It provided enough finance to the company run by the paper's majority owner, Morten Lund, to enable it to increase its stake in Nyhedsavisen from 51 to 85%. (Sources: Kristine Lowe/Newspaper Innovation)

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