Dialog Information Services Inc

Knight-Ridder Inc. said Monday that it plans to sell its eight broadcast television stations, partly to reduce its debt that has grown to $929 million with its recent purchase of a leading electronic information concern. Knight-Ridder, which also owns 30 daily newspapers, had acquired the television stations in four separate transactions over the past decade for an aggregate price of $291 million.

Knight-Ridder Inc. said Monday that it plans to sell its eight broadcast television stations, partly to reduce its debt that has grown to $929 million with its recent purchase of a leading electronic information concern. Knight-Ridder, which also owns 30 daily newspapers, had acquired the television stations in four separate transactions over the past decade for an aggregate price of $291 million.

Knight-Ridder Inc. announced Monday that it has agreed to buy Dialog Information Services from Lockheed Corp. for $353 million, a move that will give the Miami, Fla.-based media company a much expanded stake in the growing market for electronic information. Palo Alto-based Dialog has been a pioneer in what is known as the electronic data retrieval business, selling information from its more than 320 databases to 91,000 subscribers in 86 countries. Last year it posted a profit of $9.

Knight-Ridder Inc. announced Monday that it has agreed to buy Dialog Information Services from Lockheed Corp. for $353 million, a move that will give the Miami, Fla.-based media company a much expanded stake in the growing market for electronic information. Palo Alto-based Dialog has been a pioneer in what is known as the electronic data retrieval business, selling information from its more than 320 databases to 91,000 subscribers in 86 countries. Last year it posted a profit of $9.