Israel Land retains Ma'ariv. (Israel Land Development Co. subsidiary Theodor Herzl buys back 24% of Ma'ariv newspaper stock) From: Israel Business Today | Date: April 3, 1992 | COPYRIGHT 1992 Israel Business Today. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Following reservations expressed by the Monopolies Commissioner, Theodor Herzl has re-acquired the 24 percent sharehodling sold to Amos Shocken of the Ha'Aretz daily newspaper and the Lieberman family, holders of a 50 percent share of Paz Oil. Theodor Herzl is a wholly owned subsidiary of the Israel Land Development Co. which recently acquired from the estate of the late Robert Maxwell, 86.7 percent of Ma'ariv shares of which it had sold half percent to sh...

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