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N.Y. Daily News Names Black in Reorganization Plan: Canadian press baron Conrad Black was named as the troubled newspaper’s new owner in a new reorganization plan. The plan was submitted to U.S. Bankruptcy Court Judge Tina Brozman, even though Black has not reached agreement with any of the paper’s unions. Brozman ordered the paper to file a final acquisition agreement by Sept. 8. “It’s hoped that Black would have the requisite contracts under his belt by then,” said the paper’s lawyer, Marc Kirschner. As an incentive for all the unions to come to terms with the Canadian businessman, the reorganization plan requires him to pay $3 million to avert any cash crisis at the newspaper before the closing--but only if he already has contracts with six unions.
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