Word: dealership
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...Angeles Socialite Hazel Dean, sixtyish, has claimed in court that Nesseth, acting in concert with De Lorean, defrauded her of several million dollars in the 1970s after she hired Nesseth to manage her affairs. De Lorean and Nesseth in 1976 took over a failing Wichita, Kans., Cadillac dealership. After reneging on various agreements, they were sued by the former owner and a local bank. De Lorean leased his 3,000-acre Idaho ranch to Clark Higley, a local farmer, then mortgaged the ranch for $880,000 in 1976 and defaulted on the mortgage. Higley was evicted. Says Higley: "De Lorean...
Only the dealers have anything to cheer about now. At week's end some were predicting a dramatic rise in the price of the car, and Capitol Cadillac Co., a De Lorean dealership in Lansing, Mich., was negotiating to buy the entire U.S. inventory. The owner of the dealership, Don Massey, estimates that there are some 400 cars to be had, and he said on Friday that he had a deal to buy 100 for an undisclosed price...
needed for the survival of his industry. When he broke from GM and made his errand into the wilderness, he could be expected to return with the answer to a dealership's prayers...
...brash young gunslinger and the grizzled veteran with a dozen notches on his gun. William Agee, 44, the Harvard Business School whiz kid who heads the Bendix Corp., is facing a showdown with Harry Gray, 62, the seasoned hustler who began his career selling Dodge trucks for a Chicago dealership and went on to become a renowned conglomerate builder as chairman of United Technologies Corp. In the newest twist in a complex takeover struggle, United Technologies announced last week that it was joining forces with Martin Marietta Corp. in an unprecedented double-team effort to acquire Bendix and divide...
...most memorable confrontation of the 1972 Tenafly Intermediate League season--and perhaps of the decade took place about this time of month between one of the auto dealership teams (purple caps) and a squad representing a real estate firm in gold. Krotick's already assured of a playoff berth was playing at the other end of Sunnyside Park...