Hollinger sale to Glacier Ventures includes trade publishing assets.

Hollinger International's (Chicago, IL) sale of its remaining Canadian publishing assets (Hollinger Canadian Publishing Holdings) to Glacier Ventures International Corp. (Vancouver, BC) on Feb. 6 includes Hollinger's Business Information Group (BIG; Toronto, ON) the producer of 42 print and online magazines, as well as directories, references, handbooks and online services for a range of business categories. Hollinger sold the assets, which also included all of Hollinger's Canadian newspaper assets, Eco Log Environmental Risk Information Services and KCN Capital News Company, for $106.1 million in cash.

BIG products are primarily targeted to Canadian professionals but also include resources for a U.S. audience. Magazines, CDs, references and directories are produced for such fields as Mining ("The Northern Miner" and "Canadian Mining Journal"), Energy ("New Technology," "Energy Analects" and "Daily Oil Bulletin Online"), Automotive ("Bodyshop," "Jobber News" and "L'automobile"), Communications ("Broadcaster" and "Cablecaster") and Dental ("Dental Practice Management" and "Oral Health Journal").

Other fields of coverage include Environmental ("HazMat Management" and "Solid Waste & Recycling"), Insurance ("Canadian Underwriter"), Laboratories ("Lab Product News"), Manufacturing ("CIEN" and "MRO"), Paper ("Pulp & Paper Canada" and "Les Papetieres du Quebec") and Transportation ("Canadian Transportation & Logistics," "Motor Trucks" and "Truck West"). Assets are also produced in the financial, government/education, medical, occupational=== health & safety, plastics, retail and telecommunications fields as well.

Glacier currently owns over 30 community newspapers in Saskatchewan and Manitoba, as well as a variety of agricultural, business, reference and trade publications. The company's Western Producer Publications (Saskatoon, SK) and Farr Business Communications (Winnipeg, MB) units produce such titles as "The Western Producer," "Grainews," "Canola Guide," "Canadian Cattlemen,"(continued on page 2) "Big Dealer" and "Wheat Oats & Barley." Glacier also publishes "Business in Vancouver," a weekly business newspaper, and "The Western Investor," a commercial and industrial real estate magazine. Hollinger is a newspaper publisher undergoing reorganization whose assets include "The Chicago Sun-Times" and community newspapers in the Chicago area.