e/Ravelston Corporation

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has glosseng: Ravelston Corporation Limited is a Canadian holding company that was largely controlled by Conrad Black and business partner David Radler. It held shares in Blacks other holding companies, such as Hollinger International, now known as Sun-Times Media Group. The Toronto-based private company had owned the British Daily Telegraph and Torontos National Post newspapers. These papers were sold, mostly to Canwest Global. The company was once the power base of Conrad Blacks and through this company controlled a media empire in the 1980s and 1990s. At one time, Ravelston controlled 78% of Hollingers stock with Black as CEO and Chairman and Radler as President. As a result of Blacks and Radlers legal problems involving allegedly unauthorized non-compete payments in the sale of Hollinger International newspapers, Ravelston entered into receivership in summer 2005 and, on April 20, 2005, Black and Radler resigned from Ravelston to facilitate a filing for bankruptcy protection. Ravelston is now in the hands of court-appointed receiver RSM Richter.
lexicalizationeng: Ravelston Corporation
instance ofc/Media companies of Canada

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