Word: buyer
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...Having lain in storage for years, original cabinet fronts, light fixtures, door frames and window sashes, along with twelve pieces of concrete block, 3½ chairs and the plans, were offered in a benefit auction for Channel 13, New York City's public television station. The buyer: Tom Monaghan, 47, ebullient owner of the Detroit Tigers, head of the 1,450-store Domino's Pizza empire and, by his own account, the world's leading Frank Lloyd Wright fanatic since he was twelve years old. He beat out prospective purchasers from across the U.S. and the Philippines...
Zuckerman, a witty, urbane socialite who raised funds for Senator Gary Hart's presidential campaign, might seem an unlikely buyer for U.S. News, a magazine that prides itself on a down-home flavor virtually devoid of literary flourishes and serves a predominantly Midwest and Sunbelt audience. Founded as a daily national newspaper in 1926 by David Lawrence, a syndicated columnist, it evolved into its present format after World War II. In contrast to TIME (U.S. circ. 4.6 million) and Newsweek (U.S. circ. 3 million), U.S. News downplays reportage of a week's events in favor of analysis...
...Bedford manufacturer that employs about 450 workers. Gulf & Western Industries, the New York-based conglomerate that owns Morse Cutting Tools, has been shedding divisions and has set a tentative July 31 deadline for selling the New Bedford company. The city fears that Gulf & Western will close Morse if no buyer can be found...
Meanwhile, Chicago's Continental Illinois last week continued the efforts to find a buyer that it has been making since the $7.5 billion, Government-led rescue of the troubled bank. However, Chairman David Taylor conceded that some form of additional federal guarantee will probably be needed to persuade a prospective merger partner to come forward with an offer. Said Taylor: "We are working as hard as we can on a private solution, but that honestly looks as if it may not be feasible...
Another difference between departments is the job market. Overall, academia has become in the last few years a "buyer's market," with too few positions for too many scholars. But the situation varies by field. In the humanities and languages--south of the Yard, as Whitla says--young teachers are reportedly hardest off. "I was very pleased to get this job," says one assistant professor. "I had trouble finding a job...I try to operate in a way that will make it easier for me to find another...