Word: stakes
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Sometimes even the best teams can suffer shocking defeats on home turf. Manchester United discovered that last week when Malcolm Glazer, a U.S. sports magnate, took a majority stake in the publicly traded company that owns the famous English franchise. It was the climax of a protracted battle that has pitted Glazer, who owns U.S. football's Tampa Bay Buccaneers, against Man U's board and thousands of its fans. But Glazer, who already owned almost 29% of the team's stock, persuaded two Irish racing millionaires to sell him their 29% stake for $5.60 per share. Several other...
...many as 40,000 copies per day. "The record of these free newspapers has been ... to more seriously damage existing newspapers," Murdoch said. In the U.S., at least one prestigious publisher felt it had to join the free movement; the New York Times Company in January bought a 49% stake in Metro International's Boston operation for $16.5 million. Even Associated, in its push to peddle free papers, seems to be cannibalizing itself. Circulation of its own paid-for London title, the Evening Standard, fell 10.8% in the five months to March. Aiming to prop up circulation, Associated late last...
...their cell walls. Dunn has returned to Ulster as a prison officer in the Maze, drawn by good money and hopes of finally settling down with his Protestant girlfriend. The two characters never meet, but their parallel lives converge when the antagonism within the Maze, and the political stakes outside, start to rise. The political and religious jangle of Belfast in 1979 is the backdrop for a vivid tale of lives filled with booze, cigarettes, bad food and murderous gossip. But the real meat of This Human Season lies in the scrunched spaces between day-to-day survival...
...University appears to have scaled back its Sinopec stake since the end of 2004, when Harvard reported a $5.76 million investment in the firm...
...Harvard has maintained that stake over the past month-and-a-half, its Tatneft holdings would be worth $2.23 million today. That marks a substantial reduction from the $11.46 million stake in Tatneft that the University reported...