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Ravelston Corporation
Ravelston Corporation Limited was a Canadian holding company that was largely controlled by Conrad Black and business partner David Radler. At one time, it held a majority stake in Hollinger Inc., once one of the largest media corporations in the world. The company was placed into receivership in 2005 and went bankrupt in 2008.
== History ==
Ravelston was founded by a group of businessmen including Bud McDougald, Max Meighen and Conrad Black's father George Montegu Black. The company was a holding company for Argus Corporation. In 1978, Conrad Black took control with his brother of Ravelston after his father's death. Black later transformed Ravelston into a holding company which was the head of his global media empire in the 1980s and 1990s.〔 The company was mostly owned by Black, who held a 67% share to Radler's 14%.
At one time, Ravelston controlled 78% of Hollinger Inc.'s stock with Black as CEO and Chairman and Radler as President. Ravelston held shares in Conrad Black's 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 Toronto's ''National Post'' newspapers. These papers were later sold, mostly to Canwest Global.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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