Word: bidders
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...premature death, those South African gold miners from whom Engelhard extracted his fortune. In the early 1970s students at Princeton forced their administration to honor alumnus Charles Engelhard. We must nor permit Engelhard's wealth to legitimize exploitation is South Africa. Honor should not be sold to the highest bidder. Vote yes on Question...
...above the market price before the offer but far less than last year's $24 high and well below Firestone's book value of about $25 a share, or $1.5 billion. Aside from collecting assets cheaply, Borg-Warner would be buying 1) protection from a possible unwelcome bidder for its own company, 2) a sizable paper loss from the 500-series recall that could be used to reduce future taxes and 3) Firestone's hoard of spare cash...
...grand juries and U.S. Attorneys throughout the country, Investigators in Fort Worth, Dallas and El Paso documented $100,000 worth of fraudulent GSA overpayments after just two weeks of auditing last month. In Bayonne, N.J., investigators have discovered a construction contract that was first awarded to an extremely low bidder for just over $1 million and then was upped substantially in a suspicious change of project plans. In Chicago, a ring of thieves looted the GSA of furniture and office equipment. In New Orleans, the investigation centers on a scheme of multiple payments for building-repair and maintenance work never...
...Christie estate, romancers like Rosemary Rogers and Victoria Holt owe their millions to the modest little 7-in. by 4-in. volumes that decorate racks at drugstores, airports, supermarkets and book emporiums. No wonder that Mario Puzo's latest effort excited such frantic bidding. With paperback rights, the successful bidder would be able to saturate those ubiquitous wire racks?if Puzo's track record is any guide?with one of next year's biggest blockbusters. Stores would be clamoring for every paperback copy of Fools Die they could lay hands on. This, in turn, would give the publisher leverage...
...sale, competing publishers had laid intricate game plans that many would scrap to stay in the race. Final offers from runners-up Ballantine and Pocket Books were both $2.5 million, only $50,000 short of N.A.L. That seems a relatively small gap, but it is a chasm to the bidder already hundreds of thousands of dollars over his limit. In such cases, terms of the sale tip the balance...