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Woodbridge shopping Jane's, sources say
Fred Jane was a young British naval officer in the late 19th century when he began sketching warships as a hobby, but quickly realized there was money to be made selling them as military intelligence.
Now the publishing empire that grew out of that small enterprise may be on the brink of being sold for several hundred million dollars by its Canadian owners.
Jane's Information Group — known for its flagship publication Jane's Defence Weekly, which tracks the military might of nations and is read closely throughout government, academic and intelligence circles — is being shopped by its owners, Woodbridge Co. Ltd., sources said.