Word: bidders
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...Basilica, granted the appointment-for 24,000 gold pieces, roughly equal to the annual imperial revenues in Germany. It was worth it. Besides being a rich source of income, the Mainz post brought Albrecht a vote for the next Holy Roman Emperor, which could be sold to the highest bidder...
...week's end the Government announced that the high bidder was Dallas' Republic Bank (deposits: $11.9 billion). Republic assumed the bank's estimated 76,400 accounts and planned to reopen its doors this week; the FDIC will collect First National's bad loans. The passing of the institution into the hands of out-of-towners left some Midland residents gloomy. Said Mayor Thane Akins: "I feel like hanging a black wreath on my door." The merger was one of the largest commercial bank failures in U.S. history, based on the institution's deposits...
...also those that will be saved at Westinghouse Electric in New York, where motors and other assemblies will be manufactured. It is somewhat disheartening to those of us who worked so hard to bring Bombardier to the U.S. to have our local plant labeled in effect a "foreign bidder...
...look now, but American foreign policy has just been sold to the highest bidder. And the winner is Saudi Arabia, with two former executives of the Bechtel Group, Caspar Weinberger and George Shultz, in Reagan's Cabinet...
Beyond the emotional trauma of selling beloved land, farmers are finding buyers scarce and the returns slim. "Some land goes up for sale and doesn't even bring out a bidder, since nobody has much money," says the Illinois Farm Bureau's Dale Butz, brother of former Agriculture Secretary Earl Butz. After a long, spectacular climb, the value of crop land is falling. Average Indiana farm land sold a year ago for $ 1,200 an acre. Last month it was fetching only $700. Predicts Robert Maurer, a banker in Fairbury...