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Article: Hollinger Int'l selling Jerusalem Post to Israeli publisher for US$13.2 million
- Article from:
- AP Worldstream
- Article date:
- November 16, 2004
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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AP Worldstream
11-16-2004
Dateline: TORONTO
Hollinger International is selling the Jerusalem Post and related publications for US$13.2 million (euro10.2 million) cash to an Israeli publishing company that is partnering with Canada's CanWest Global Communications Corp., the companies announced Tuesday.
The Jerusalem Post is one of two remaining high-profile papers within the Hollinger group of companies that was assembled by Canadian-born newspaper magnate Conrad Black and which is being gradually sold off by its new management team.
With the sale of the Jerusalem Post and the US$1.2 billion sale of the London Telegraph earlier this year, Hollinger International's only other big-name ...