K-III Communications' Intertec Publications is expected to finalize the acquisition of Lighting Dimension
and Theatre Craft International
from Entertainment Technology Communications, New York. Purchase price has been estimated at between $3 million and $5 million. As expected, K-III Tuesday said it completed the purchase of Cahners consumer magazine division including American Baby
, Modern Bride
and Power & Motoryacht
. Industry executives familiar with the negotiations estimated the price tag in that deal at close to $180 million.