Hollinger's Black, Radler to repay loans; CanWest eyes Jerusalem Post? [View All]

[bemildred]

TORONTO (CP) - There
were new developments
in Conrad Black's
Hollinger newspaper
empire Friday as Black
and associate David
Radler moved to repay
loans while a potential
buyer of the Jerusalem
Post hit the headlines.

Black and Radler
announced that they have
sold 1.3 million preferred
shares to pay off some
loans. And U.S. news
reports say Winnipeg-based CanWest Global Communications, Canada's largest
newspaper company, is in talks to acquire the Jersualem Post from Chicago-based
Hollinger International, the operating company for holding company Hollinger Inc.
(TSX:HLG.C).


National Post (Canada)