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Disney sells farm publications

Published on .

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.

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