Article: Dow Jones Announces Sale of American Demographics to Cowles Business Media.

NEW YORK, N.Y.--(BUSINESS WIRE)--March 24, 1997--Dow Jones & Company announced an agreement to sell its American Demographics Inc. subsidiary to Cowles Business Media Inc.

Terms of the transaction were not disclosed.

American Demographics, based in Ithaca, N.Y., publishes American Demographics and Marketing Tools magazines, the newsletter Forecast and a catalog of books and CD-ROMs.

Cowles Business Media, a unit of Cowles Media Company, is based in Stamford, Conn. Among its products are Direct, Folio:, Catalog Age, Promo, Pre, Directory World, and Cable World magazines, and Media Central Online News.

"Dow Jones is very proud ...

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