Click here to receive mediabistro.com's Daily Media Newsfeed via email.
Conrad Black's Former Empire Worth Almost Nothing, Going Private?
In his company's annual meeting today, Cyrus Freidheim, CEO of Sun-Times Media Group — what's left of disgraced and jailed baron Conrad Black's media empire — told shareholders that the company may go private.
In May, S-TMG stock was de-listed on the New York Stock Exchange after it fell well below a dollar. Freidheim said the company, called Hollinger International during Black's tenure, would continue to explore options to sell one or more of its businesses, which include more than 60 newspapers.
Email This Post
|
Now on
|
|||||||||||||||
 |
|
|||||||||||||||
FBNY twitter feed loading...
