Bid Off, but Barclay Brothers Are Said to Still Want Papers.

Reports on the withdrawal of an offer by the Barclay brothers to acquire Hollinger Inc. despite stories that duo would still like to buy the Daily and Sunday Telegraph newspapers. Announcement cancelling the offer and refusal to finance a buyback of debt which came through Press Acquisition Inc. Options available to the brothers in pursuit of newspaper ownership; Actions of Northern & Shell PLC which sold off its pornographic magazine division, an action being viewed as a possible sign it will bid for the papers; Failure of Hollinger to make a scheduled debt payment of $7 million on its 2011 bonds.