Z-D sale completed

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Japan's Softbank Corp. has completed its acquisition of Ziff-Davis Publishing Co. for $2.1 billion. Softbank said all current Ziff-Davis units will remain intact. Z-D Chairman-CEO Eric Hippeau will report to Masayoshi Son, president-CEO of Softbank. Ziff-Davis is a leading publisher of computer magazines.

Copyright January 1996 Crain Communications Inc.

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