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Like the portfolio of publications he controls, newspaper magnate Conrad Black transcends national categorization. Canadian-born and raised, he divides most of his time between Britain and the U.S. Earlier this year, motivated in part by bitterness over Canadian Prime Minister Jean Chrétien's refusal in 1999 to let him accept a British peerage, he renounced his Canadian citizenship.

Two weeks ago, in a move that signaled the extent to which his focus has moved beyond Canada, Black announced that his holding company Hollinger would sell its 50% remaining stake in the country's National Post, which he...

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