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Bell Corp, and Bell Resources were sold to Bond by Homes a Court in early 1988 following Homes a Court's losses in the '87 stock market crash (that was the time the SGIC bought those properties at apparently inflated prices). Bond, apparently, simply stripped the company assets. However the article says that Homes a Court sold the Daily News to 'a small company headed by local "journalist" Simon Hadfield' in 1986. That would have been from 1 to 2 years prior to Bond getting hold of Bell Resources - so he had nothing to do with it! Also, if the Daily News was no longer owned by Bell Resources, what does Maxwell buying 19% of Bell have to do with the Daily News?
Now I get that Hadfield's company may simply have been the operator, whilst Bell retained majority ownership - but this is not implied by the text. Alternatively, Hadfield may have had majority ownership with Bell retaining a stake (although this isn't mentioned either, and I wonder what this has to do with overseas media ownership). But neither of these things are mentioned. This section on the demise of the Daily News, and the various "colourful" business figures that were involved needs to be cleaned up. — Preceding unsigned comment added by 126.96.36.199 (talk) 14:09, 28 July 2011 (UTC)