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GUARDIAN MEDIA GROUP PLC (GMG) is a British mass media company owning various media operations including The Guardian
The Guardian
and The Observer . The group is wholly owned by Scott Trust Limited , which exists to secure the financial and editorial independence of The Guardian
The Guardian
in perpetuity.

CONTENTS

* 1 History * 2 Group structure

* 3 Corporate governance

* 3.1 Board of directors

* 4 References * 5 External links

HISTORY

The company was founded as the Manchester Guardian Ltd in 1907 when C. P. Scott bought the Manchester Guardian (founded in 1821) from the estate of his cousin Edward Taylor.

It became the Manchester Guardian and Evening News Ltd when it bought out the Manchester Evening News in 1924, later becoming the GUARDIAN AND MANCHESTER EVENING NEWS LTD to reflect the change in the morning paper's title. It adopted its current name in 1993.

In March 2007 GMG sold 49.9% of Trader Media Group to Apax Partners , in a deal that valued Trader Media Group at £1.35 billion. In December 2007 it was announced that GMG and Apax had made a successful bid to buy Emap's business-to-business arm for around £1 billion.

In February 2010, the group sold its GMG Regional Media division (consisting of two companies MEN Media and S&B Media which operated 31 local and regional newspaper titles) to