Word: buyer
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Sweet Touch's owner and manager Paul Feldman invites the serious cake buyer to step behind the counter to an exciting enclave of dietary depravity...
Leland's auctions tend to bring the buyer very close to the player: Michael Jordan's sneakers went for $1,320, Tom Seaver's chewed-up toothpick for $440 and Mike Tyson's mouthpiece for $880. A packet of prophylactics from the 1950s with Ted Williams' picture on it, though not game-used, still sold...
...technician who worked on the compilation, there were serious discussions earlier this fall of cutting out every scene in the video that featured Michael playing around with little kids, but that never happened. Now it appears to be moving briskly. "We never doubted it would sell well," said a buyer at Tower Video in Los Angeles. "A lot of times, controversy just fuels the flame...
...Formula One racing-engine subsidiary, to an Indonesian business group. Terms of the deal were not disclosed but it was rumored to be worth $40 million. In 1987 Chrysler paid $25 million for Lamborghini, mostly as a vanity nameplate; in recent years it has lost money. The buyer was Megatech, a Bermuda-based holding company owned jointly by Jakarta industrialist Setiawan Djody and Hutomo Mandala Putra, a son of Indonesian President Suharto...
...After two years, IPOs were typically underperforming the S&P by 20%. Michaely explains that IPO prices are usually propped up by their lead underwriters in the early stages with positive reports known as "booster shots." But these shots also tend to coincide with heavy selling by insiders. "The buyer, or the sucker," he says, "is usually the small investor...