Update 1: Conrad Black to Step Down As Hollinger CEO
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Conrad Black, the embattled press baron, said Thursday he would give up his posts as CEO and chairman of Hollinger Inc., a Canadian holding company, to ease his plan to take the company private.
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Hollinger Inc. said on Friday that an Ontario Superior Court judge had ordered an investigation of the company now mired in controversy over the conduct of its major shareholder, press baron Conrad Black.
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TORONTO (CP) - Conrad Black stepped aside Tuesday as chairman and chief executive of Hollinger Inc., the Toronto holding company which has voting control over newspaper operating company Hollinger International.
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Media group Hollinger International says senior executives, including former chief Conrad Black, took $400m of its money.
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TORONTO Press baron Conrad Black says he&#39;d give up his posts as head of the Toronto-based Hollinger Incorporated to ease his plan to take the company private.
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US securities regulators are expected to file civil charges as early as today against Conrad Black, the former chairman and CEO of Hollinger International.
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A federal judge Friday tossed out Hollinger International Inc.'s $1.25 billion suit against embattled press tycoon Conrad M. Black and other top corporate officials, ruling that the company could not use racketeering laws to recover money it claims Black and the others stole.
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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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FALLEN Press baron Lord Black has indicated he is willing to loosen control of Toronto-based Hollinger Inc amid allegations in an Ontario court filing by Canadian fund manager Catalyst.
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REGULATORS in the US moved to seize the bulk of Lord Black of Crossharbourâs wealth yesterday and remove his power as controlling shareholder of Hollinger International, the newspaper publisher.
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FALLEN Press baron Lord Black is offering to buy back his holding company Hollinger Inc from minority shareholders and take the company private.
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The US Securities and Exchange Commission has filed fraud charges against Canadian-born Conrad Black, the former chairman and CEO of Hollinger International, accusing him of &quot;cheating and defrauding shareholders.
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Hollinger Inc., one of the key companies in Conrad Black&#39;s troubled business empire, has received approval to issue another $15 million (US) in notes to raise cash for its day-to-day operations.
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Hollinger Inc., th&#39;e Toronto-based holding company controlled by disgraced media baron Conrad Black, lost an independent director Tuesday when a former general in Canada&#39;s armed forces resigned from its board.
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The SEC accuses Conrad Black and David Radler of diverting money from Hollinger International Inc., the regulators said Monday. Black will be forced to put his stake in the company in a trust to keep him away from voting.
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Conrad M. Black, the former head of Hollinger International, said yesterday that he planned to file a libel lawsuit against members of a company committee who accused him of taking more than $380 million in improper payments.
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Black, who is facing battles with shareholders and investigations in the US and Canada, announced plans to quit his posts last week.