Hollinger sells Jerusalem papers
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Hollinger International yesterday announced a $13.2m (Â£7.2m) deal to sell the Jerusalem Post, leaving the one-time media powerhouse and former owner of the Daily Telegraph with just a handful of assets in North America.
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Shares of Hollinger Inc. soared Friday after embattled press baron Conrad Black announced plans to buy out other shareholders of the publicly traded Canadian company at the center of his business empire.
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Hollinger International Inc. (HLR.N: Quote, Profile, Research) said on Friday that it received cash proceeds of about $49.1 million on a transaction with CanWest Global Communications Corp.
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A rare copy of the Magna Carta, the document that enshrined human rights in English law, is to be sold in New York.
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DAVID Radler, former chief operating officer of Hollinger International and right-hand man to Lord Black, has savaged the special report that claimed they had &#39;looted&#39; the publishing company of more than $400m (Â£223m.
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Hollinger International has extended an olive branch to former chief executive Lord Black by offering him a share in the proceeds of the Â£665m sale of the Daily and Sunday Telegraph.
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The death of Palestinian leader Yasser Arafat dominates today's European papers
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Newspaper publisher GateHouse Media Inc.  said on Friday it will buy seven newspapers in Massachusetts from Journal Register Co.  for $70 million.
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Hollinger International, the parent company of the Chicago Sun-Times, Tuesday released findings of an internal audit following the disclosure last June that the newspaper&#39;s circulation had been inflated by more than 20 percent.
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Hollinger International will sell The Jerusalem Post's publishing group, as the company continues to unload its assets.
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TORONTO (CP) - Shares of Hollinger Inc. soared Friday after embattled press baron Conrad Black announced plans to buy out other shareholders of the publicly traded Canadian company at the centre of his business empire.
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The memoirs of former British Prime Minister Tony Blair, the object of an international bidding war that went on for days, have been acquired by imprints of Random House Inc. in the United States and England.
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&quot;Super Tuesday&quot; in Toronto. Conrad Black gave up his titles as chairman and chief executive of Hollinger Inc. The holding company, based in Toronto, Canada, has voting control over newspaper publisher Hollinger International (nyse: HLR - news - people ).
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9.30am: Hollinger Internationalâs Jerusalem Post has been sold to Mirkaei Tikshoret, an Israeli publishing house, as part of disposal of assets in the wake of the Lord Conrad Black saga.
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Fallen press baron Conrad Black will sue Hollinger International Inc.&#39;s special committee and others for C$1.1 billion ($870 million) over a report that accused him of looting the company of millions of dollars.
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Yasser Arafat invested Â£700,000 ($1.3 million) in a company that owns a string of American bowling alleys popular with Jewish teenagers, according to newly-released documents.
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Conrad Black's Hollinger Inc. (HLGc.TO) announced the terms of its proposal to buy out minority shareholders on Tuesday, just one day after U.S. regulators charged both Black and the company with fraud.