OTHER NEWS - Nov. 9, 1992
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Media Mogul Obtains Stake in Canadian Newspaper Chain: Conrad Black has acquired a 23% stake in Southam Inc., Canada’s largest newspaper chain, for about $207 million, the Canadian Press reported. The news agency quoted the media mogul’s holding company, Holliger Inc., as saying that it bought the stake from TorStar Corp. Southam publishes 18 daily newspapers across Canada, as well as trade magazines and the Coles bookstore chain. TorStar is publisher of the Toronto Star, among other media interests.
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