Giant Group Ltd. agreed to buy the...
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Giant Group Ltd. agreed to buy the interest in a Pomona paper mill for $44.4 million held by affiliate Barris Industries Inc. The two Beverly Hills firms, controlled by financier Burt Sugarman, jointly received the mill and $44 million cash in exchange for their 2.8 million shares in Media General after Sugarman’s unsuccessful takeover attempt of the Richmond, Va.-based newspaper publisher and newsprint recycler last spring.
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