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BUSINESS
November 9, 1992 | From Times Staff and Wire Reports
Media Mogul Obtains Stake in Canadian Newspaper Chain: Conrad Black has acquired a 23% stake in Southam Inc., Canada's largest newspaper chain, for about $207 million, the Canadian Press reported. The news agency quoted the media mogul's holding company, Holliger Inc., as saying that it bought the stake from TorStar Corp. Southam publishes 18 daily newspapers across Canada, as well as trade magazines and the Coles bookstore chain.
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BUSINESS
July 21, 1998 | Bloomberg News
Canadian newspaper publisher Conrad Black's Southam Inc. plans to acquire the Financial Post from Sun Media Corp. of Toronto and give up four Ontario daily newspapers to gain a platform for its planned national paper. The acquisition would give Southam an audience base for the still-unnamed national Canadian paper it plans to launch in October.
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BUSINESS
April 9, 1998 | Reuters
Conrad Black, whose newspaper empire extends from Chicago to London to Jerusalem, is going ahead with plans to publish a new national daily paper in Canada, his home country. Southam Inc., the Canadian newspaper group controlled by Black, said that the long-rumored venture will proceed this fall. The new paper, yet to be named, will be the third nationally circulated Canadian daily.
BUSINESS
April 9, 1998 | Reuters
Conrad Black, whose newspaper empire extends from Chicago to London to Jerusalem, is going ahead with plans to publish a new national daily paper in Canada, his home country. Southam Inc., the Canadian newspaper group controlled by Black, said that the long-rumored venture will proceed this fall. The new paper, yet to be named, will be the third nationally circulated Canadian daily.
BUSINESS
July 21, 1998 | Bloomberg News
Canadian newspaper publisher Conrad Black's Southam Inc. plans to acquire the Financial Post from Sun Media Corp. of Toronto and give up four Ontario daily newspapers to gain a platform for its planned national paper. The acquisition would give Southam an audience base for the still-unnamed national Canadian paper it plans to launch in October.
BUSINESS
October 29, 1998 | Bloomberg News
Torstar Corp., owner of the Toronto Star, Canada's biggest newspaper, offered to buy Sun Media Corp. for $486 million to counter a challenge from publisher Conrad Black's new national daily. Sun Media's publications include the tabloid Sun papers in Toronto and Calgary, Canada. The proposal comes one day after Black began publishing the daily National Post. Coverage from his Southam Inc. national newspaper chain competes with the Star and Thomson Corp.'
BUSINESS
December 27, 1989 | From Times Wire Services
Press baron Conrad Black has sold off his 3.5 million shares of Southam Inc., a move that ends speculation that Black might try to gain control of the communications giant. The shares, which amount to about 5% of Southam stock, were sold to investment firms RBC Dominion Securities and Gordon Securities at a price of about $33. The price was roughly $1 a share less than they were selling Friday at the close of trading. The Toronto Stock Exchange was closed Tuesday and Monday, Christmas Day.
BUSINESS
December 10, 1998 | From Reuters
A merger of two of Canada's biggest newspaper chains, announced Wednesday, will create a new media powerhouse that challenges press baron Conrad Black's grip on the national newspaper market. Montreal-based Quebecor Inc., which runs the largest-circulation French-language paper in the country, surprised the market Wednesday with a $983-million agreement to buy Canada's second-largest newspaper group, Sun Media Corp.
NEWS
June 13, 1986 | ERIC MALNIC, Times Staff Writer
State officials Thursday warned the California Lottery's ticket supplier to fire a printing subcontractor that was found guilty of fraud or lose the $32 million remaining in its contract. Lottery Director Mark Michalko said he learned late Wednesday of a court ruling that the subcontractor--Dittler Bros. Inc. of Atlanta--had overcharged Scientific Games Inc. of Norcross, Ga., approximately $1.
BUSINESS
July 25, 1995 | From Reuters
English and French are this country's official languages, but anyone browsing the shelves of newsstands on its West Coast could be forgiven for thinking that Chinese is too. Forget the country's major newspapers and even the venerable Canadian Broadcasting Corp. A surge in immigration from Hong Kong and Taiwan has turned Chinese-language media into a boom industry in Canada.
BUSINESS
November 9, 1992 | From Times Staff and Wire Reports
Media Mogul Obtains Stake in Canadian Newspaper Chain: Conrad Black has acquired a 23% stake in Southam Inc., Canada's largest newspaper chain, for about $207 million, the Canadian Press reported. The news agency quoted the media mogul's holding company, Holliger Inc., as saying that it bought the stake from TorStar Corp. Southam publishes 18 daily newspapers across Canada, as well as trade magazines and the Coles bookstore chain.
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