(Reuters) - A handwritten asterisk on the closing documents in a 2000 sale of eight to 10 newspapers from Black's Hollinger International Inc. to Community Newspaper Holdings Inc. directed that $4.5 million in non-compete payments be transferred to Black, another $4.5 million to partner David Radler, and $250,000 each to two of Black's co-defendants, the jury heard.
"The deal was with Hollinger International. We thought that was where the proceeds were supposed to go," said Michael Reed, the former chief executive of the Birmingham, Alabama-based newspaper group, which in all bought more than 100 Hollinger-owned papers over the years.
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