CHICAGO, June 12 (Bloomberg News) — Conrad M. Black, the former chairman of Hollinger International, and three other former company executives rested their defense on federal fraud charges Tuesday without taking the stand. Closing arguments are set for Monday.
Prosecutors say the men stole $60 million from Hollinger, once the third-largest publisher of English-language newspapers, characterizing the money as payments made not to compete with former Hollinger papers. From 1998 to 2001, Hollinger sold $3 billion in mostly newspaper assets.
Mr. Black, 62, is on trial with a former Hollinger vice president, Peter Y. Atkinson, 60; a former chief financial officer, John A. Boultbee, 63; and a former general counsel, Mark S. Kipnis, 59.








