It has been expected that Conrad Black, the former Hollinger International Inc. Chairman will come out of the Florida prison. His bail has been granted by the U. S. District Judge, Amy J. St. Eve in Chicago Court.

Black and his three associates made an offense of stealing $6.1 million from Hollinger International. On account of that, Black was given a sentence of 6-1/2 years in federal prison. An additional 5-year sentence was given to him for committing the fraud.

As told by Black's friend Peter White, he would be spending the early hours of his freedom with his family. The only doubt lies in whether he would be allowed to move out of the boundaries of the U. S.

In order to get the bail, Black had to pay $21 million worth of property and cash. His movement was restricted to the boundaries of federal courthouse in Chicago and his Palm Beach, Florida mansion. He was not given the consent to go to his homeland, Canada.

In March, Toronto's Globe and Mail newspaper revealed that Black's property had been transferred to a Connecticut investment firm, Blackfield Holdings LLC and his Palm Beach home had already been sold.

Miguel A. Estrada, Black's appellate attorney stated that Black would remain behind the bars, until the order is processed.