Cahners set to purchase Chilton Co. titles

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Reed Elsevier's Cahners Publishing has come up with the winning bid for Chilton Co., the Capital Cities/ABC trade publishing group put up for sale by Walt Disney Co. in January, according to investment bankers familiar with the deal. The sale price is expected to be about is $420 million. An announcement is expected this week.

Copyright June 1997, Crain Communications Inc.

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