Word: multimillion
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Dates: during 1960-1969
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...pressured Franco's courts to declare Barcelona Traction bankrupt. Since Barcelona Traction held all of the Catalonian utilities common stock in Canada, the courts ordered "duplicate" shares printed in Spain, auctioned off the counterfeit shares to the highest bidder-who was, of course, Juan March. Control of the multimillion-dollar empire thus passed to March for only $900,000. Sofina, left with a paper corporation, fought the case through the courts, spent more than $3,000,000 on legal fees. Even if Sofina wins a whopping settlement (prospect: $13 million to $16 million) March has a bargain...
King Saud of Saudi Arabia gave no reasons, but his message was plain: as of April 1962, the U.S. would no longer be permitted to use its multimillion-dollar airbase at Dhahran on Saudi Arabia's east
...secretary in Washington, Connally took up law practice in Austin and eventually struck it rich as a friend and confidant of Texas' Big Rich oilmen. (After he moved to Fort Worth in 1952, he did legal spadework for the late Sid Richardson and is co-executor of the multimillion-dollar Richardson estate.) In appointing Connally for Johnson's sake, the Kennedys had much to forgive: as Johnson's presidential campaign manager, Connally distinguished himself at the Los Angeles convention by calling a desperation press conference to suggest that Rival Candidate Kennedy was suffering from a serious case...
...masterworks (John Singleton Copley, Winslow Homer) in a colonial-furnished museum reached by a covered bridge; of a brain hemorrhage; in Burlington. Mrs. Webb was the daughter of the Henry O. Havemeyers, who were bemused by their daughter's interest in Americana, since they themselves had amassed a multimillion-dollar collection of European masters...
ZECKENDORF EMPIRE has been cut back by $90 million. Bill Zeckendorf, president of Webb & Knapp, big U.S. real estate firm, sold off that much property this year to get cash to rescue beleaguered Freedomland and to help finance multimillion-dollar developments in Los Angeles and Montreal...