Word: fractionalized
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Dates: during 1980-1989
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...masters who rediscovered an unmatched array of rare and valuable paintings; of cancer; in London. Art historian, dealer and critic, Carritt had an unerring eye that enabled him to buy a misattributed Fragonard masterpiece at a public auction, under the noses of other top experts, at a tiny fraction of its present million-dollar value. "When you've become familiar with the work of a master, it's like recognizing a friend's handwriting," he once said. Among his finds were five Francesco Guardi canvases rolled up in an Irish country shed; two Tiepolo ceiling paintings...
...with cable, far more than any other cable service; in those homes it commands about a tenth of the audience through the day. Most important to Turner, WTBS reaped $18 million last year in profits, and this year, he projects, it will garner $40 million. That is a significant fraction of the earnings of any of the Big Three networks, and probably sufficient for now to sustain...
...Oklahoma bank had assets of only about $525 million, or a mere fraction of those held by large commercial lenders like New York's Citibank, which counts nearly $105 billion in assets. Yet the tremors from Penn Square's fall were felt far beyond the bank's stuccoed shopping-mall office...
White acknowledged the risks to legitimate publications containing pictures of nude children and to other works that are pornographic only in isolated segments. "Yet we seriously doubt," he argued, that more than "a tiny fraction" of worthwhile materials would be involved. Not everyone shared the court's optimism on that score. Said Herald Price Fahringer, who represented Ferber: "This decision could inspire more censorship, and I find that alarming...
...that Mesa pay $50 a share, or $1.8 billion, for 46% of Cities Service stock, plus $1.9 billion more in promissory notes and Mesa stock for the remaining 49% of Cities Service shares. The startled Waidelich, faced with the prospect of seeing his company disappear into a firm a fraction of its size, fought back the next day with a counteroffer. Cities Service proposed to buy Mesa for $17 a share, or $1 above the market price, for 51% of the company. At that point, Pickens decided to cancel his weekend golf game over in Fort Worth and packed...