Ziff-Davis will sell its magazine unit

Article Abstract:

Ziff-Davis Inc. has reached an agreement to sell off its magazine division to Willis Stein & Partners. The division, which publishes Yahoo! Internet Life and PC Week, will be sold for $780 million (779.2 million euros).

Abstract, Ziff-Davis Inc., Willis Stein and Partners L.P.

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Softbank buys majority stake in Hong Kong garment maker

Article Abstract:

Softbank Corp. has reached an agreement to acquire a majority share in Cheung Wah Development Co. of Hong Kong. Softbank will acquire the garment manufacturer for HK$207.5 million (26.4 million euros).

Japan, Hong Kong, Softbank Corp., Cheung Wah Development Co.

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Emap to sell unit to Primedia at price below expectations

Article Abstract:

Emap PLC acknowledged that it sold its unit in the United States to Primedia Inc. for a lower than expected price. The unit was sold for $515 million (606.6 million euros).

United Kingdom, Foreign operations, PRINTING AND PUBLISHING, Printing & Publishing, Publishing industry, EMAP PLC, PRIMEDIA Inc. (New York, New York), PRM

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