Hollinger moves to poison Black's deal

Hollinger International, the US unit of Conrad Black's media empire, has moved to prevent the ousted chairman from completing a £253m (€366m) deal to sell off the empire to the Barclay brothers.

Hollinger moves to poison Black's deal

Hollinger International, the US unit of Conrad Black's media empire, has moved to prevent the ousted chairman from completing a £253m (€366m) deal to sell off the empire to the Barclay brothers.

In addition to filing a lawsuit in a US court, the company has also adopted a "poison pill" shareholder rights plan in an attempt to frustrate the deal.

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