The good news, silver lining, is it's harder for small c conservatives to argue that The Telegraph is actually a paper of good standing. Like a right leaning version of the The Guardian, when it's owned by the Daily Fucking Mail.

Let them consolidate and eat themselves. After all, that's what capital does, it constantly consolidates until there's naught but monopoly left. They'll run it as two papers at first I'm sure. But ultimately they'll wish to save money or exert power and control and a department or an editor will be run by the Mail instead of the Telegraph. And then once it's been done to one section it's easier for the rest to fall. Then it's just The Daily Mail - Posh Edition.

Meanwhile, the left will continue to have its broad spectrum of media.