Ex-me­dia mogul Black gets bail af­ter serv­ing 2 years in prison

Austin American-Statesman - - BUSINESS -

CHICAGO — Im­pris­oned for­mer news­pa­per mag­nate Con­rad Black was granted bail by a fed­eral ap­peals court, weeks af­ter the U.S. Supreme Court kicked his 2007 fraud con­vic­tion back to a lower court.

The Bri­tish baron and three other for­mer ex­ec­u­tives from the me­dia em­pire Hollinger In­ter­na­tional were con­victed of swin­dling the com­pany’s share­hold­ers out of $6.1 mil­lion.

It was not im­me­di­ately clear when Black would be re­leased from a fed­eral prison in Florida. He has served more than two years of a 61⁄ year sen­tence.

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