Out, but not yet down

Article Abstract:

Zimmerman wants an explanation why he and five other Southam Inc board of directors members are being ousted as of Jul 22, 1996. Conrad Black, who recently purchased a controlling interest in Southam, is behind the ousters. Zimmerman, 69, belongs to a different era, when business was more genteel.

Corporate directors, Appointments, resignations and dismissals, Zimmerman, Adam

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Conrad Black and the benefit of doubt

Article Abstract:

There has been considerable media attention paid to Black increasing's stake (41%) in Southam Inc and how that will influence quality and competition. He has threatened to lay off some workers, which would probably be counter-productive, but consolidation may have some positive effects also.

Canada, Periodicals, Southam Newspaper Group

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Down to the wire: Southam threatens to quit the national news agency

Article Abstract:

The Canadian Press may not survive if Southam Inc, Canada's largest newspaper chain, pulls out of the national news-gathering agency to save $7.2 million a year in membership fees. Montreal press baron Conrad Black, who controls Southam, claims he only wants CP to reform.

Finance, News agencies, Canadian Press (Toronto, Ontario)

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