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Topic: Hollinger International


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  Complaint: Hollinger International, Inc.
Hollinger International has made use of the means and instrumentalities of interstate commerce in connection with the acts, practices and courses of business alleged herein in the Northern District of Illinois and elsewhere.
Hollinger International common stock is registered with the Commission pursuant to Section 12(b) of the Exchange Act and is traded on the NYSE under the symbol HLR.
Hollinger International failed to disclose the existence of the non-competition payment to Hollinger, Inc. made in connection with the PMG transaction in any of its subsequent filings, from in or about March 30, 2001, the filing date of its 2000 10-K, until the information was first discussed in filings with the Commission in November 2003.
www.sec.gov /litigation/complaints/comp18550.htm   (2448 words)

  
 CNN.com - Hollinger seeks to block Black - Jan. 27, 2004
Hollinger International also adopted a "poison pill" measure, a defensive tactic used in corporate takeover battles that would allow minority shareholders to take a greater stake in the company in an attempt to stop a sale.
On Monday, Hollinger International said it was suing Black in Chancery Court in Delaware to block the deal with the Barclays and to eliminate the super-voting class of shares held by the parent company should the deal be consummated.
Hollinger International took the steps after Black moved on Friday to change the bylaws of the Canadian parent company to give him veto power over any major transaction.
www.cnn.com /2004/BUSINESS/01/27/hollinger.black.ap   (461 words)

  
 USATODAY.com - Government confirms criminal probe of Hollinger   (Site not responding. Last check: 2007-10-31)
Hollinger Inc. attorney Nathan Eimer said Tuesday that his client is seeking 150 boxes of documents from the SEC and doesn't know which document they are seeking to block.
The investigation also seeks to determine whether fraud occurred in connection with Hollinger International's sale of newspaper publications to companies controlled by Black and Radler, as well as other transactions between Hollinger International and the defendants in the SEC lawsuit and their companies.
A special committee of Hollinger International's board of directors is also suing Black and his associates to recover what they say are hundreds of millions of dollars that were siphoned from the company.
www.usatoday.com /money/media/2005-03-22-hollinger_x.htm   (487 words)

  
 Sun-Times Media Group - Wikipedia, the free encyclopedia
Sun-Times Media Group (until recently Hollinger International) NYSE: SVN is the holding company of a Chicago based newspaper group.
Thirty percent (and 78% of the voting share) of the group is owned by Canadian based Hollinger Inc. - an 84% controlling stake is owned by controversial Canadian businessman Conrad Black through his Ravelston Corporation.
He attempted to sell this stake to the Barclay brothers in January 2004 and the brothers launched a takeover bid for the rest of Hollinger International.
en.wikipedia.org /wiki/Hollinger_International   (477 words)

  
 SignOnSanDiego.com > News > Business -- Hollinger International to refile 'looting' case against ex-CEO
CHICAGO – Newspaper publisher Hollinger International Inc. said Thursday it intends to refile the bulk of its dismissed case against ousted CEO Conrad Black and associates, intent on winning back hundreds of millions of dollars for the "enormous damage" it says they inflicted on the company.
Hollinger International attorney Jonathan Rosenberg said the amended complaint will be similar to the one thrown out last Friday by Manning, who ruled that racketeering laws did not apply.
Hollinger International will add some claims, he said, based on details cited in the Aug. 31 report by a special committee of Hollinger International's board of directors.
signonsandiego.com /news/business/20041014-1419-hollinger-black.html   (433 words)

  
 CNN.com - Barclays withdraw Hollinger offer - Mar. 2, 2004
Toronto-based Hollinger Inc.'s main asset is a controlling voting stake in Chicago-based Hollinger International, owner of newspapers including Britain's Daily Telegraph and the Chicago Sun-Times.
Hollinger International and Black, who was forced out as chairman and chief executive after the company accused him of receiving millions of dollars in unauthorized payments.
Hollinger Inc.'s funding crisis takes place as investment bank Lazard is seeking buyers for Hollinger International or its newspapers, which is expected to attract a host of potential bidders including private equity groups and publishers in the United States and Britain.
www.cnn.com /2004/BUSINESS/03/02/hollinger.black.reut/index.html   (395 words)

  
 Hollinger International News
Lawyers for Conrad Black said yesterday that they were in discussions with his former company, Hollinger International, to lift the worldwide freeze of the fallen media tycoon's assets.
Conrad Black and three other former Hollinger International Inc. executives indicted on fraud and racketeering charges are seeking permission to question lawyers and accountants who once did work for the...
Lord Black, former chief executive of Hollinger has been charged with 'willfully causing the company to file false tax' returns by under-reporting the media group's income by $13m in 1999 and $16m in 2000, the...
www.topix.net /com/hlr   (701 words)

  
 USATODAY.com - Black's sale of media holdings may face barriers   (Site not responding. Last check: 2007-10-31)
Hollinger International in Chicago is planning an emergency board meeting today to discuss whether the company should try to thwart Black's proposed $466 million sale of his 78% stake in Toronto-based Hollinger Inc. — which, in turn, owns a controlling stake in Hollinger International — to billionaire brothers David and Frederick Barclay in Britain.
Hollinger International might sue to prevent the sale, and the Securities and Exchange Commission obtained a federal court order Friday that could block a divestiture of Hollinger International's newspaper holdings.
The flurry of activity Monday came after an eventful weekend in which Hollinger International sued Black, former COO David Radler, Hollinger Inc. and Ravelston for $200 million it says was looted from the company.
www.usatoday.com /money/media/2004-01-19-hollinger_x.htm   (489 words)

  
 cbs2chicago.com - Poor Circulation Plagues Hollinger International
For the three months ended March 31, Hollinger, which is embroiled in legal troubles, reported a net loss of $11.7 million, or 13 cents per diluted share, versus a prior-year loss of $18.5 million, or 20 cents per diluted share.
Hollinger's net loss was driven by a $15 million decline in operating income from the company's Sun-Times New Group.
Hollinger stock dropped 13.6 percent this year while the Standard and Poor's 500 Index has risen by the same percentage.
cbs2chicago.com /local/local_story_130165431.html   (563 words)

  
 Hollinger - Wikipedia, the free encyclopedia
Hollinger Inc. - The Canadian parent company of Hollinger International.
Hollinger International - The holding company of a Chicago based newspaper group whose assets include the Chicago Sun-Times.
This is a disambiguation page: a list of articles associated with the same title.
en.wikipedia.org /wiki/Hollinger   (106 words)

  
 CBC News: Hollinger International offers parent company loan to cover interest payment   (Site not responding. Last check: 2007-10-31)
However, Hollinger International said the loan is conditional of Hollinger Inc. taking quick action to get Black, his chief lieutenant David Radler, and Black's Ravelston Corp. to repay millions of dollars to Hollinger.
Hollinger International said the loan will be secured with some of its class A shares that are currently owned by Hollinger Inc. The shares will have a market value of at least 200 per cent of the loan.
Hollinger International also said it is proceeding with plans to sell off its media assets.
www.cbc.ca /stories/2004/03/04/business/hollingerinternational_040304   (1027 words)

  
 WJLA - Hollinger International 1Q Loss Narrows   (Site not responding. Last check: 2007-10-31)
Hollinger International Inc., publisher of the Chicago Sun-Times and community newspapers around Chicago, reported a narrower first-quarter loss Wednesday as a gain from an asset sale offset lower advertising and circulation revenue.Its operating loss worsened, however, and the company acknowledged the results were disappointing.
For the quarter ended March 31, Hollinger reported a net loss of $11.7 million, or 13 cents per share, versus a prior-year loss of $18.5 million, or 20 cents per share.
Hollinger has been restructuring since then and said it expects to see benefits from the reorganization in the second half of this year.
www.wjla.com /headlines/0506/326508.html   (434 words)

  
 Hollinger International names new CFO | Crain's Chicago Business
Hollinger International also filed its form 10K for 2004 results with the U.S. Securities and Exchange Commission but said that the company's internal controls over financial reporting was ineffective as of Dec. 31 of that year.
Hollinger, formerly controlled by publishing tycoon Conrad Black, said it expects to file results for the first three quarters of 2005 by Dec. 31 this year and set its annual shareholders' meeting for Jan. 24.
Hollinger first filed its long-awaited 2004 financial statements in September, showing a loss from continuing operations partly due to the cost of litigation from an accounting scandal surrounding Black.
www.chicagobusiness.com /cgi-bin/news.pl?id=18387   (224 words)

  
 Chicago Sun-Times - Wikipedia, the free encyclopedia
Before Murdoch, the newspaper was for a time owned by Field Enterprises, controlled by the Marshall Field family.
After Murdoch, the Sun-Times was acquired by Hollinger International, controlled, indirectly, by controversial Canadian born businessman Conrad Black.
After Black and his associate David Radler were indicted for skimming money from Hollinger International, through retaining noncompete payments from the sale of Hollinger newspapers, they were removed from the board, and Hollinger International was renamed as the Sun-Times Media Group.
en.wikipedia.org /wiki/Chicago_Sun-Times   (481 words)

  
 Hollinger Inc.   (Site not responding. Last check: 2007-10-31)
The original Hollinger Gold Mine, near Timmins, Ontario, was discovered in 1909 by prospector Benny Hollinger.
The Hollinger Gold Mine was incorporated in 1910 and went through several versions of that name.
Hollinger’s principal asset is its approximately 68.0% voting and 18.2% equity interest in Hollinger International Inc. Hollinger International is a newspaper publisher whose assets include the Chicago Sun-Times and a large number of community newspapers in the Chicago area, a portfolio of news media investments and a variety of other assets.
www.hollinger.com /corporate.htm   (189 words)

  
 Media baron Black to sell Hollinger stake - International Business - MSNBC.com
News of the deal comes just a day after Hollinger International said it was removing Black as chairman and suing him to recover more than $200 million the company claims was improperly diverted to him, an associate and entities he controls.
Hollinger Inc. in turn has a controlling interest in Hollinger International, a Chicago-based company that owns The Daily Telegraph of London, the Chicago Sun-Times and The Jerusalem Post.
In a letter to the board of Hollinger International, David Barclay of Press Holdings said: “We believe this continued media controversy is significantly harming the public image and stock price of Hollinger International and undermining its credibility in the financial markets.
www.msnbc.msn.com /id/3994465   (622 words)

  
 CBC News: Hollinger International to cut 300 jobs   (Site not responding. Last check: 2007-10-31)
Hollinger International Inc., a publishing company formerly owned by Conrad Black, plans to cut 300 jobs or 10 per cent of its staff as it tries to trim costs in its Chicago newspaper division.
Hollinger said the cuts were necessary because of poor financial results at the division.
Hollinger officials blamed the decline on increased costs for newsprint and fuel, and lower ad revenues.
www.cbc.ca /story/business/national/2006/01/20/hollinger-060120.html   (1105 words)

  
 Hollinger International Inc. - SourceWatch   (Site not responding. Last check: 2007-10-31)
Hollinger put £8m into UK firm Cambridge Display Technology, in which Perle has a stake, and £1.5m in Trireme Associates, which has links to venture capital fund Trireme Partners LP, co-managed by Perle.
Hollinger International makes an annual contribution of $200,000 to The National Interest, a conservative quarterly magazine that also has links to Perle and Kissinger.
In December 2004 Hollinger International completed the sale of The Jerusalem Post (http://www.jpost.com/) (English daily newspaper) and Jerusalem Report to Israeli publisher Mirkaei Tikshoret.
www.sourcewatch.org /index.php?title=Hollinger_International_Inc.   (653 words)

  
 Torys Settles With Hollinger International for $30.25 Million
Prominent law firm Torys LLP has agreed to pay Hollinger International Inc. $30.25 million to settle allegations that date back to Conrad Black's time at the helm of the publisher.
Hollinger said Wednesday that Torys had co-operated with the special committee in its investigations to date, and the settlement agreement says that the law firm will continue to co-operate in ongoing investigations and litigation.
Hollinger International has shriveled from its days as a major international newspaper publisher, but still owns the Chicago Sun-Times and a number of community newspapers in Chicago and Canada.
www.law.com /jsp/ihc/PubArticleIHC.jsp?id=1134036318365&rss=ihc   (298 words)

  
 Black's Empire Crumbling at Hollinger International
Out is Black, who also goes by "Lord Conrad M. Black of Crossharbour," along with F. David Radler, Hollinger's president and chief operating officer, and Mark Kipnis, the vice president and corporate counsel, and J.A. Boultbee, the company's executive vice president.
The shakeup follows a finding by a committee of Hollinger's board that the company's parent, Hollinger Inc., made $32 million in unauthorized payments to senior executives between 1999 and 2001.
"Hollinger's prior public disclosure relating to these matters was incomplete or inaccurate in some respects," the company said in a release.
www.thestreet.com /markets/marketfeatures/10126954.html   (338 words)

  
 Hollinger sells last Canadian paper | Crain's Chicago Business
Chicago-based Hollinger International Inc., owner of the Chicago Sun-Times, said Friday it is selling its remaining 50% interest in the National Post, its last Canadian property.
The sale is expected to be completed by March 2002, pending regulatory approval, and Hollinger executives will resign from their positions at the paper as of Sept. 1, officials said.
In a statement, Hollinger said "ambiguities" created by the joint ownership forced the publisher to sell its holding in the Post, founded in October 1998 and which now has a circulation of more than 300,000.
www.chicagobusiness.com /cgi-bin/news.pl?id=3184&bt=hollinger   (300 words)

  
 Hollinger International Inc. | Printer-friendly Press Release   (Site not responding. Last check: 2007-10-31)
The combined circulation of Hollinger and Paddock is greater than 1,000,000 with a readership estimated at more than 3 million on a daily basis.
Hollinger International Inc. is a global newspaper publisher with English-language newspapers in the United States, UK, Canada and Israel.
The retained Canadian newspapers are located primarily in Ontario and British Columbia and are owned through Hollinger L.P. in which Hollinger has approximately an 87% interest.
www.hollingerinternational.com /release_print.asp?articleid=43   (463 words)

  
 Hollinger International coverage - Orlando Sentinel :
Describing Hollinger International Inc. as a "corporate kleptocracy," independent investigators accused the company's top two former executives of looting the firm and lambasted its high-profile board of directors for allowing unparalleled business abuses.
In the report of financial escapades at Hollinger International Inc., some of the harshest criticism is leveled at Richard Perle, a member of the company's board of directors.
The board of Chicago Sun-Times owner Hollinger International Inc. and Conrad Black, the ousted chairman who surprised directors by selling his controlling shares in the company, on Monday plotted strategy for the legal battles ahead.
www.orlandosentinel.com /chi-hollinger-gallery,0,2729460.storygallery   (368 words)

  
 WJLA - Hollinger International Results Delayed   (Site not responding. Last check: 2007-10-31)
Hollinger International Inc. said Monday the release of its 2004 financial results will be delayed by roughly two weeks and are not expected to be filed until Sept. 15.The newspaper publisher, formerly controlled by Conrad Black, had earlier said it expected to file the 2004 financial results by the end of August.
The restatement will result in a reduction of stockholders' equity for 2003 and a corresponding increase in income tax accruals, of approximately $32 million, the company said.
Hollinger International is a newspaper publisher whose assets include the Chicago Sun-Times and a large number of community newspapers in the Chicago area and about a few small publications in Canada.
www.wjla.com /headlines/0805/255861.html   (275 words)

  
 Hollinger International Press Releases
September 08, 2006 -- Hollinger Inc. provides the following update in accordance with the guidelines pursuant to which the June 1, 2004 management and insider cease trade order, as amended, was issued.
Hollinger International Announces Resignations of Stanley M. Beck and...
NEW YORK, Jan. 11 /CNW/ -- Hollinger International Inc. and its Canadian affiliate, Hollinger Canadian Publishing Holdings Co., have entered into an agreement to sell substantially all of their remaining...
www.topix.net /com/hlr/pr   (296 words)

  
 Officers asked to resign from Hollinger International's board | Crain's Chicago Business   (Site not responding. Last check: 2007-10-31)
Hollinger Inc. said officers' role no longer 'appropriate'
On July 7, the Hollinger board determined it was no longer appropriate for Beck and Benson to serve on Hollinger International's board, given the counterclaim alleging International has participated in a prolonged and carefully orchestrated scheme to defraud Hollinger.
Hollinger's principal asset is its 66.8 percent voting and 17.4 percent equity interest in Hollinger International, a newspaper publisher with assets which include the Chicago Sun-Times.
feeds.chicagonews.net /?rid=ea8b5641d7f9adae&cat=c8ac3000ee01c7aa&f=1   (224 words)

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