Business Services Industry

Chicago-Based Media Firm Reviews Sales Figures.

Knight Ridder/Tribune Business News, June, 2004

Daily Mail, London Knight Ridder/Tribune Business News

Jun. 18--More controversy surrounds US media group Hollinger International -- but it is unlikely to delay the Telegraph sell-off.

Hollinger is reviewing sales figures at the Chicago Sun-Times after discovering that they had been overstated for several years. The Daily Telegraph and Sunday Telegraph have been cleared of similar wrongdoing.

Holding company Hollinger Inc. is blaming a lack of cooperation from Hollinger International for a delay in filing its 2003 annual report.

The pair have been at loggerheads since accusations surfaced that chairman and chief executive Lord Black siphoned money out of the business.

The auction winner, who is expected to pay about...

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