Walt Disney Co. is selling its Farm Progress Group magazines and farm shows to Rural Press Ltd., an Australian publisher and broadcaster. Purchase price was $56.95 million. Farm Progress, Carol Stream, Ill., publishes three national and 26 state farm publications and operates six farm shows. Rural Press already publishes 13 state farm newspapers in the U.S. from a unit headquartered in Raleigh, N.C.
Copyright July 1997, Crain Communications Inc.