Event:
Forbes Media, controlled by the Forbes family, is selling a majority interest in the business to Integrated Whale Media Investments, based in Hong Kong; the deal is expected to provide Forbes with greater international exposure
More Notable Events on July 18:
1994 Comet Shoemaker-Levy collides with Jupiter
1994 Crayola announces introduction of scented crayons
1932 U.S. and Canada sign a treaty to develop St. Lawrence Seaway
1927 Ty Cobb's 4,000th career hit
1872 Britain introduces secret ballot voting