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News Brief

November 17, 2004
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A Canadian media company and an Israeli media group appear set to take over the Jerusalem Post. CanWest Global Communications Corp. and the Mirkaei Tikshoret Group each will own 50 percent of the newspaper, as well as the Jerusalem Report magazine and other properties, according to media reports. The sale by Hollinger International group is believed to be for $13.2 million. Hollinger paid $21.5 million for the newspaper, which it acquired in two stages in 1989 and 1990.

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