Ron Lauder Hammers Out Deal to Cut Ties With Israel's Channel 10

Cosmetics billionaire to transfer his shares of troubled Israeli broadcaster to co-shareholder Yossi Maiman and inject a final $10 million into the station.

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Cosmetics billionaire Ronald Lauder, Channel 10's biggest shareholder, will transfer his share of Israel's troubled Channel 10 to co-shareholder Yosef (Yossi) Maiman, in a deal hammered out Monday night with...