*Lord Black sues to stop sale: Hollinger Inc. of Toronto filed suit in Delaware last week seeking to require that shareholders of Hollinger International Inc. get an opportunity to vote on whether to accept a $1.34 billion offer for the company's Telegraph Group of London. Lord Conrad Black controls Hollinger Inc., which has 18.2 percent of the equity and 68 percent of the voting power in Hollinger International, but the board of Hollinger International asked Lord Black to resign as an executive and director when a committee found unauthorized payments of $32 million had been made to Lord Black and others. The company contends it does not need shareholder approval to consummate the sale of the Telegraph Group.
*North Jersey buys new press: The parent company of The Record of Bergen, N.J., said last week that it had reached an agreement in principle with WIFAG, the Swiss printing press manufacturer, to buy an Evolution 371 press. The North Jersey Media Group said that the new press would be used at its commercial printing plant in Rockaway and that it expects it to be operational in the summer 2006. The press will be the first in the country to offer the ability to use digital technology to directly image printing plates that are on the cylinder, a process known as computer-to-press.
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|Title Annotation:||Wall Street Journal reaches tentative agreement with its union members; Hollinger Inc.,files suit on shareholders right to vote; The Record of Bergen.,on contract with Swiss manufacturimg company|
|Comment:||BRIEFS.(Wall Street Journal reaches tentative agreement with its union members)(Hollinger Inc.,files suit on shareholders right to vote)(The Record of Bergen.,on contract with Swiss manufacturimg company)|
|Article Type:||Brief Article|
|Date:||Jul 5, 2004|
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