It purchased The Jerusalem Report from Conrad Black's Hollinger newspaper group in 2004.The Jerusalem Report had been funded initially by five philanthropists, including Charles Bronfman, and was sold in 1998 to Hollinger, which had also purchased The Jerusalem Post.
In 2004, [Company Name] acquired The Jerusalem Report from Conrad Black's Hollinger newspaper group.  The Jerusalem Report was initially funded by five philanthropists, including Charles Bronfman, and was sold to Hollinger in 1998, which had also purchased The Jerusalem Post.