Hearst Corp., New York, agreed to sell Motor Boating & Sailing
to Times Mirror Magazines, and Sports Afield
to SA Acquisition Corp., a company headed by Robert E. Petersen, founder and former chairman of Petersen Publishing. Times Mirror will add Motor Boating & Sailing
to its existing marine titles, Salt Water Sportsman
. Mr. Petersen, who founded the special-interest magazine company now owned by U.K.-based Emap, plans to relaunch the Sports Afield
brand, established in 1887, "into the 21st century.''
Copyright December 1999, Crain Communications Inc.