Hollinger International offers Black olive branch
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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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Conrad Black, the former chairman and chief executive officer of Hollinger International Inc., and David Radler, the company&#39;s ex-president, were accused of fraud in a lawsuit by the Securities and Exchange Commission.
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Holcim Ltd., the world's second-largest cement maker, said Thursday it has reached agreement with Aggregate Industries PLC on a cash offer of about 1.8 billion pounds (&#36;3.4 billion) for the British construction group.
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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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Hollinger International has renewed a multi-million-dollar lawsuit against its former chairman Conrad Black, who earlier announced plans to step down from his leadership posts at the newspaper group&#39;s parent company.
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CHICAGO Hollinger International said Thursday it will distribute to shareholders $500 million in proceeds from the sale of The Daily Telegraph of London, with the first payout a $227 million special dividend.
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Conrad Black, the former CEO of Hollinger International Inc., looted the newspaper publisher of hundreds of millions of dollars to indulge his appetite for
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Hollinger International Inc., publisher of the Chicago Sun-Times, said former Chief Executive Conrad Black and controlling shareholders ``victimized&#39;&#39; the company by transferring $400 million of company funds to their own accounts.
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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.
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Newspaper tycoon Conrad Black&#39;s Hollinger Inc. says it may face civil action for alleged securities violations from the US Securities and Exchange Commission.
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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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U.S. equity fund Lone Star  is offering part of its stake in Korea Exchange Bank  in a block trade, a source familiar with the deal said on Thursday.
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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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U.S. group Applied Materials  , Switzerland's Unaxis  and investor Texas  Pacific Group are interested in parts of BOC Edwards, a unit of  British industrial gases firm BOC , a newspaper reported  on Monday.
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Hollinger International Inc., publisher of the Chicago Sun-Times, said a committee of its board investigating allegations of wrongdoing against former Chief Executive Conrad Black filed a report with a court in Chicago.
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The Blackstone Group raised its offer to acquire Equity Office Properties to about $39 billion, E.O.P said shortly after 1 a.m.
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MEDIA baron Conrad Black yesterday announced plans to file a $1.2 billion defamation lawsuit against Hollinger International&#39;s special committee over a report accusing Mr Black of &quot;looting&quot; the Chicago-based newspaper company.