Hollinger offers minority buyout to go private
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NEW YORK, November 16  - Hollinger Inc (HL1R.BER) has proposed to buy the shares owned by minority shareholders at a price of C$7.
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Hollinger International, the US publishing group which this year ousted Conrad Black as its chairman, has declared a special dividend following the sale earlier this year of The Telegraph Group, its flagship newspaper asset.
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Cox Enterprises Inc. on Tuesday said it will purchase Cox Communications Inc.'s  minority public stake for &#36;8.3 billion, in a move to privatize the publicly traded cable company and insulate it from the short term demands of Wall Street.
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The chief executive of oil and gas  pipeline operator Kinder Morgan, Inc. said on Monday that  senior management and investors, including a unit of Goldman  Sachs, have proposed buying the company for $100 a share and  taking it private.
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Conrad Black will resign from Hollinger Inc., the Canadian company that controls the publisher of the Chicago Sun-Times, to clear the way for the board to consider a bid to take the company private, his lawyer said.
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Lazard's board is set to meet to consider  a sale of shares to the public that could end a long history of  private ownership at the independent investment bank and  possibly buy out the bank's founding family.
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In a move that will make it easier for small and medium-size public companies to raise money, federal regulators are about to the ease rules on the sale of restricted shares.
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Hollinger International has said that it will sell The Jerusalem Post&#39;s publishing group as the company continues to unload assets amid a battle with Conrad Black, its major shareholder and former top executive.
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The airline is offering the buyouts in an effort to cut costs as the discount carrier heads into a period of expected slower growth.
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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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LONDON  - Hollinger International has extended an olive branch to its former ousted boss Conrad Black by offering him proceeds from its sale of two leading British newspapers, according to a report.
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Lazard&#39;s board is set to meet to consider a sale of shares to the public that could end a long history of private ownership at the independent investment bank and possibly buy out the bank&#39;s founding family.
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The top executive at Navistar International Corp.  signaled on Friday that the company, which has been struggling to get its finances in order, was open to buyout offers.
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Conrad Black intends to give up his management positions with Hollinger Inc., &quot;within a matter of days,&quot; to avoid conflicts with his offer to the board to privatize the Toronto holding company.
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Former press baron Conrad Black will quit as chairman and chief executive of his Canadian holding company, Hollinger Inc. (HLGc.TO), to facilitate his offer to take the company private, his lawyer said on Friday.
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Conrad Black&#39;s Canadian holding company, Hollinger Inc., has been told by the US Securities and Exchange Commission that it may face civil proceedings for violating regulatory rules.
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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.