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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NEW YORK - Conrad Black, the former CEO of Hollinger International Inc., conspired with associates to systematically loot the newspaper publishing company of more than $400 million - nearly all of its profits from 1997 through 2003, an internal investigation found.    The report, which was filed with the Securities and Exchange Commission on Tuesday, was prepared by a special committee of Hollinger's board which was formed last year to examine concerns from shareholders about payments made to Black and others...
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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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Fallen press baron Conrad Black will sue Hollinger International Inc.'s special committee and others for C&#36;1.1 billion (&#36;870 million) over a report that accused him of looting the company of millions of dollars.
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Nasdaq Stock Market Inc  has  weighed selling a piece of itself to an overseas investor to  help it seal a deal to buy Nordic exchange operator OMX AB  , the Wall Street Journal reported on its Web site on  Tuesday, citing people familiar with the matter.
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Conrad Black, formerly the chairman and CEO of Hollinger International Inc., and David Radler, who used to be the company&#39;s president and chief operating officer, face civil-fraud charges
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Business & money: American private equity company Blackstone swoops on the Hilton Hotels empire.
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- Asset management firm BlackRock Inc.  said it agreed to acquire the fund of funds business of Quellos Group LLC for up to $1.7 billion, in a move to expand its alternative investment operations.
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Conrad Black&#39;s legal woes piled up yesterday when the United States&#39; financial watchdog filed a civil lawsuit against him, alleging that the former Daily Telegraph tycoon used the company, Hollinger International, as a &quot;personal piggybank&quot;.
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Upmarket car dealership HR Owen says it has received an indicative offer for the company.
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On Sunday, Equity Office accepted a $36 billion offer from the Blackstone Group. It would be the costliest buyout in history.
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Ahold today announced it has entered into an agreement to sell its US retail subsidiaries BI-LO and Brunoâs to an affiliate of the Lone Star Funds for total cash proceeds of up to $660 million.
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Discovery Communications will announce today that company veteran Mark Hollinger will be promoted to the newly created job of chief operating officer, wrapping up a frenetic year of reorganization, acquisitions and layoffs at the Silver Spring cable television network.
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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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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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Conrad Black on Friday threatened to file âimminentlyâ aC$1.1 billion ($873 million) lawsuit against a special committee of Hollinger Internationalâs board for defamation, following the release of a scathing report into his conduct.
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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.