Hollinger Informs SEC It Cannot File Quarterly Report on Time

[Judi Lynn]

Hollinger Informs SEC It Cannot File Quarterly Report on Time
The Associated Press
Published: Nov 14, 2003




CHICAGO (AP) - Chicago Sun-Times publisher Hollinger International Inc. informed the Securities and Exchange Commission on Friday that it cannot file its quarterly report on time because it is investigating questions raised by shareholders.
The notice of late filing follows a move by the company in June to form a special committee of independent directors to investigate issues raised by shareholders.

Tweedy, Browne Co., which owns 13.2 million shares of Hollinger International, has raised questions about $73.7 million paid to Hollinger Inc. head Conrad Black and his associates in noncompete fees linked to the sale of dozens of newspapers by CanWest Global Communications Corp. of Winnipeg.

Black has denied allegations of wrongdoing by executives, including himself. (snip)

(snip) Hollinger Inc. is the holding company for Hollinger International, which publishes the Chicago Sun-Times, Jerusalem Post, London's Daily Telegraph and other publications. Black heads both. (snip/...)

http://ap.tbo.com/ap/breaking/MGAWLJB21ND.html


Conrad

[Spazito]

1. Oh please, please, please let it be that this slimeball is in trouble...

it would be soooooooo right!