DEL WEBB <WBB> UNIT SELLS JOINT VENTURE STAKE
Del E. Webb Corp said its Del E.
Webb Properties Corp unit sold one-half of its interest in the
224-acre Towne Meadows mixed-use development near Mesa and
Gilbert, Ariz., to Klukwan Inc, an Alaskan native cooperative.
    Terms of the sale were not disclosed.
    Webb said it had a one-half interest in the venture.
 Reuter
