New Owners for Magazine: The MZ Group...
From Times Staff and Wire Reports
New Owners for Magazine: The MZ Group of San Francisco has acquired a controlling interest in California Business Magazine, one of the country’s largest regional business publications, and transferred its operations to the Bay Area from Los Angeles. The merger has resulted in the layoffs of seven members of the magazine’s work force of 28, according to Michael Kolbenschlag, who continues as editor and publisher. Founded 26 years ago, California Business has a circulation of 110,000.