Trump teamed up three years ago with former HollingerInternational chairman Conrad Black and former president and chiefoperating officer David Radler on the real estate venture, whichonce included office space. However, Black and Radler have sincebeen ousted from the third-largest newspaper publishing company inNorth America for alleged financial improprieties.

Hollinger International will get $4 million up front and another$69 million in September, when the city's second-largest newspapervacates the building for leased space at 350 N. Orleans St. Thecompany will book a gain of $37.5 million before taxes.

"The sale of our interest in this project to Trump is animportant step forward in ensuring that we maximize value for allof Hollinger International's shareholders," says interim chairmanand chief executive officer Gordon Paris. "This agreement marks astrong return on the investment that our company has made in thisproject, and more than fully reflects the value of the prime realestate that the Sun-Times currently occupies."

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