Bid to stop sell-off of newspapers

Conrad Black is suing to stop the sell-off of the Daily Telegraph group of newspapers for £665 million to the Barclay brothers.

Sat, 03 Jul, 2004 - 01:00

His Canadian company Hollinger has asked a US court to demand its subsidiary Hollinger International seek shareholder approval before selling the group.

The prospect of a legal challenge in Delaware Chancery Court over the proposed sale has been looming since the sale was announced on June 22.

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CourtsPlace: USPlace: TorontoPerson: Conrad BlackPerson: BarclayPerson: HollingerOrganisation: Daily TelegraphOrganisation: Hollinger InternationalOrganisation: Delaware Chancery CourtOrganisation: Telegraph GroupOrganisation: The Telegraph Group
<p>BreakingNews.ie will not disappear entirely in the short term. It will remain in place and will redirect readers to relevant Irish Times Group publications.</p>

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