Wednesday, November 22, 2006

Partners battle over 'Israeli' free daily

The two partners who own the free daily "Israeli" are battling with each other, according to the Israeli business publication Globes online. One of the partners, U.S. Jewish billionaire Sheldon Adelson, has gone to court to have a judge appoint a temporary receiver for the 11-month-old newspaper. Co-owner Shlomo Ben-Zvi says that if the court grants Adelson's request, it would almost certainly lead to the paper's immediate collapse. “Adelson’s desire to hurt and pressure me has addled his mind, and caused him to take absurd measures,” said Ben-Zvi.