At the core of the honest services charges against Black was his strategy,
starting in 1998, of selling off the bulk of the small community papers,
which were published in smaller cities across the US and Canada.
Black and other Hollinger executives received millions of dollars in payments
from the companies that bought the community papers in return for promises
that they would not return to compete with the new owners.
Prosecutors said the executives pocketed the money, which they said belonged
to shareholders, without telling Hollinger’s board of directors.
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