HBJ to Pay Off Long-Term Debt: Harcourt...
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From Times Staff and Wire Reports
HBJ to Pay Off Long-Term Debt: Harcourt Brace Jovanovich Inc. said it will repay its entire long-term bank debt with proceeds from the $1.1-billion sale of its six theme parks to Anheuser-Busch Cos. The company said the sale of the six properties, including four Sea World parks in California, Florida, Texas and Ohio, and related land holdings, was completed Thursday.
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