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Capital Publishing looking at buyout

Published on .

Capital Publishing, publisher of Worth, Civilization and American Benfactor, has hired Ladenburg Thalmann & Co. to seek new capital to finance plans for expansion. Capital CEO Randy Jones is looking for $75 million to $100 million either to buy out majority owner Fidelity Capital or reduce its stake. He also has said he would like to launch or acquire more publications.

Copyright November 1997, Crain Communications Inc.

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