Disney sells International Investor to Euromoney

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BURBANK, CALIF. -- Euromoney Publications PLC, London, owner of Euromoney, purchased International Investor Inc., which publishes Institutional Investor, from Walt Disney Co. for $142m. Despite rumors that the two books would combine into one, Euromoney has decided to keep the two titles separate.

The sale rids Disney of another publishing asset it acquired in its acquisition of Capital Cities/ABC in 1995.

Copyright July 1997, Crain Communications Inc.

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