Word: bidders
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March then pressured Franco's courts to declare Barcelona Traction bankrupt. Since Barcelona Traction held all of the Catalonian utilities common stock in Canada, the courts ordered "duplicate" shares printed in Spain, auctioned off the counterfeit shares to the highest bidder-who was, of course, Juan March. Control of the multimillion-dollar empire thus passed to March for only $900,000. Sofina, left with a paper corporation, fought the case through the courts, spent more than $3,000,000 on legal fees. Even if Sofina wins a whopping settlement (prospect: $13 million to $16 million) March has a bargain...
...auction of Black Angus cattle in San Antonio, few paid much attention to the lanky bleacher sitter attired in a battered Stetson, old sports jacket, khaki trousers and cowboy boots. But the inconspicuous bidder was none other than Vice President-elect Lyndon B. Johnson, just back from Paris. Spotted and called by name, L.B.J. uttered an annoyed "Shhh" to his discoverer: "I'm down here to buy something good and cheap." With his secret out, Johnson, partnered with a Houston oilman, bought four yearling bulls...
...sold a lot of air for $1,065,000. Five firms bid for the rights to 90,000 sq. ft. of air over a two-block area in Upper Manhattan that has been cleared of old apartment buildings for a new expressway approach to George Washington Bridge. The highest bidder: Manhattan Realtor Marvin Kratter, 44, whose Kratter Corp., formed only last year, has become one of New York's most aggressive and ambitious builders. The sale marked the first time New York City has sold air rights over a sunken road for buildings to rise over...
...outlined it, the companies rotated the prices of their bids to correspond with the moon's phases; one bidding the low prices, others quoting intermediate prices, and one the high price. Thus, each manufacturer would not only know what the others were bidding but would periodically be low bidder and get his agreed share of the market...
...inquired. Off they went-but not to the right address. They went instead to a dingy house in a dark street, where the girl was imprisoned, raped, beaten and tortured. Then she was shipped off to the flesh marts of the Continent, sold at auction to the highest bidder. She never saw home or family again...