Press Lord Pressed

摘要

Newspaper magnate conrad black, A.K.A. lord Black of Crossharbour, is scrambling to fend off a battle royal at the annual meeting of Hollinger International, his global newspaper chain. The gathering, to be held on May 22 at New York's posh Metropolitan Club, could get spirited, at least if Black takes questions from shareholder Tweedy, Browne Co. Tweedy, a money manager with $120 million in the Class A shares of Hollinger International, says the share price (recently $9.40) has been depressed by Black's habit of feathering his nest at public shareholders' expense. "I think the newspaper assets are worth $14 to $20 a share net after debt," says principal Christopher Browne. "But the only way we're going to see that is if he sells or stops taking the funds or someone gets rid of him."