Word: buys
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Dates: during 1980-1989
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Only days before the sentencing, the Government's dragnet had proved effective in snagging another suspect, this time outside the Boesky ring. Israel Grossman, a 34-year-old Manhattan lawyer, was charged with sharing information about a Colt Industries stock buy-back with at least six friends and relatives. His telephone tips allegedly enabled them to reap $1.5 million in profits on their investments of just...
...last week, when Staley Continental, an Illinois-based food company, sued the investment house for more than $200 million in damages in a case centering on Drexel's junk- bond operation. Staley claims that last November Drexel tried to push the food company's management into a deal to buy up the corporation's stock, which would have been financed by the investment firm. Drexel called the lawsuit an "ill-conceived attempt to capitalize on the current climate" of the insider-trading scandal...
...Minister Rashid Karami. Tank and artillery fire on downtown streets prevented fire trucks from reaching dozens of burning buildings in the Hamra district, which includes the Commodore and the American University of Beirut. West Beirut's once fashionable main thoroughfare, Rue Hamra, where the city's upper crust could buy anything from French perfume to Cuban cigars, was reduced to a smoke- filled war zone. Declared a retired Lebanese Army colonel: "It is a fight to the finish...
Disposable razors are one thing, but will anyone buy a throwaway camera? Fuji Photo Film and Eastman Kodak apparently think so. Their new rival models, both announced last week, combine film, plastic lens and a shutter into one small box. After shooting pictures, users will take the entire camera to a photo lab for film processing. Kodak's Fling, which could be available by the summer, will sell for $6.95 and take 24 shots. It contains the 110 film used in Kodak's Instamatic cameras. Fuji will begin selling its Quick Snap this spring. It will cost less than...
...recent influx of cash- rich foreigners, most notably Arabs and Americans, and well-paid fugitives from the so-called "stockbroker belt" south of London who want to reduce the time they spend commuting to and from their offices in the city's revitalized financial district. An offer to buy the $60,000 closet was made by a woman who was weary of commuting to the capital from a bedroom exurb, but the wave of publicity caused her to withdraw her bid. Explained her real estate agent: "She is a very shy lady and wants to keep out of the public...