JOHNSON PRODUCTS &lt;JPC> SELLS TWO SUBSIDIARIES

  Johnson Products Co Inc said it
  completed the sale of Debbie's School of Beauty Culture Inc and
  the assets of Ultra Precise Beauty Boutique Inc to management.
      It said the sale price of 2,533,000 dlrs consisted of
  700,000 dlrs cash, a secured promissory note for 1,506,000 dlrs
  and the forgiveness of a debt of 327,000 dlrs owed by Johnson
  Products to Debbie's School.
  

