Getting your player ready...
CHICAGO — Jailed former newspaper magnate Conrad Black was granted bail Monday 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 the federal prison in Florida. The conditions of his release would be determined by a U.S. District Court judge in Chicago, according to an order from the three-judge panel.
