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EQUITY MAGAZINE UNDER NEW OWNERSHIP

Canada Wide Magazines has bought Equity Magazine and the bimonthly Prospectus Magazine from Pacific West Equities which started up Equity in 1983. Canada Wide is taking in the staff of Equity. They which will continue to publish their 12-year-old magazine ten times a year as a separate operation from Canada Wide's BCBusinsess Magazine. Canada Wide brings in revenues of more than $17 million a year from a variety of consumer, trade and business magazines.

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