The Daily Mail has confirmed it has pulled out of the bidding for rival newspaper the Daily Telegraph.
The Daily Mail submitted the lowest bid.
( z1 submit :ARG0 ( z2 newspaper :name ( z3 name :op "Daily" :op "Mail" ) ) :ARG1 ( z4 bid :ARG1-of ( z5 have-degree :ARG2 ( z6 low :ARG1 z4 ) :ARG3 ( z7 most ) ) ) )