Article: 'Jerusalem Post' sale completed

Jerusalem Post staff
Jerusalem Post
12-17-2004
Headline: 'Jerusalem Post' sale completed
Byline: Jerusalem Post staff
Edition; Daily
Section: Economics
Page: 15

Friday, December 17, 2004 -- CanWest Global Communications Corp. on Thursday announced that its partner, Mirkaei Tikshoret Group Ltd. (MTL), has completed the acquisition of the shares of the Palestine Post Ltd., the publisher of The Jerusalem Post, The Jerusalem Report and related properties, from Hollinger International Inc. for $13.2 million, in cash.

The transaction received approval from the Israeli anti-trust regulatory authorities on December 8. Under an arrangement announced in mid-November, the MTL and CanWest joint-venture ...

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