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James River Corp. will sell a former Zellerbach unit

July 09, 1986

The Richmond, Va., paper company, which acquired Crown Zellerbach's pulp and paper operations last December, said it has agreed to sell Zellerbach Distribution Group to New York-based Mead Corp. for $250 million in cash. Included in the sale are paper distribution outlets--essentially warehouses--in 42 cities, including 11 in California. Zellerbach Distribution Group employs 2,100 people, including 1,000 in California.

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