YANKEE COS &lt;YNK> UNIT TO SELL ASSSETS

  Yankee Cos Inc's Eskey Inc &lt;ESK>
  subsidiary said it reached an agreement in principle to sell
  its Eskey's Yale E. Key Inc subsidiary to a new concern formed
  by Key's management and a private investor for about 15.5 mln
  dlrs.
      As part of sale, Eskey said the buyers will assume the 14.5
  mln dlrs of publicly held Eskey 10-3/4 pct debentures due 2003.
  It said the debentures will continue to be converted into
  Yankee preferred. The remainder of the price will be a one mln
  dlr note to Eskey. Yankee said the sale will result in a loss
  of 1.5 mln dlrs.
  

