Word: premiums
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...huge skyscrapers was finished because they are so costly. But Sears executives expect to gain profit as well as prestige from their building. About two-fifths of its 4,400,000 sq. ft. of office space will be rented out to other tenants. Extremely high floors command premium prices, and Sears plans to charge rents of $8.50 to $12 per sq. ft. The new building will cost more than $100 million, but even in these times of tight money the company can afford it, Sears intends to finance the entire cost out of its accumulated earnings...
...during "criminal prosecutions," which for him do not include preliminary hearings. Implying that the court's previous decisions on the subject were shaky at best, Burger said: "I will not join in employing recent cases rather than the Constitution to bootstrap ourselves into a result. By placing a premium on 'recent cases' rather than the language of the Constitution, the court makes it dangerously simple for future courts to operate as a 'continuing constitutional convention.' " SEARCHES. Police can seldom search and seize private property without a warrant. One longstanding exception permits searches "incident...
...exceed its salable assets by $171 million, Ling replied that the consolidated balance sheet was "not really meaningful." He reasoned that LTV's interests in some subsidiaries, including Braniff International Airlines and Okonite, a wire and cable maker, were undervalued because control of a company normally commands a premium over the market price of its stock. He also claimed that LTV's debts were over stated because the company does not guarantee most of the debts of its part ly owned subsidiaries. For example, though LTV controls LTV Electrosystems, Inc. through ownership of 69% of its stock...
...Premium Rate. Ling has been liquidating other LTV holdings in order to meet his interest charges and bank loans. As he explains it, LTV will retire $112 million in loans due next year by selling either Braniff or Okonite, both of which Ling agreed to dispose of within three years in return for Justice Department withdrawal of the J. & L. antitrust suit. In February, LTV got $63 million by selling its holdings in Wilson Sporting Goods, and this too can be applied to the debt. Earlier this month, LTV Altec sold Allied Radio Corp. for $30 million. Meanwhile, Ling...
...Ghetto or Integrated Zone, a black player must have $1,000,000 in net assets before buying into the Estate Zone. And he is blocked from ownership in the Suburban Zone-unless he either finds a white owner ready to sell privately ("perhaps," as the rules suggest, "at a premium"), bids highest at a white's bankruptcy auction, or lucks onto an opportunity card that opens the suburbs to him. He may, of course, run into another sort of op portunity card. One that says, for ex ample, "Mayor Daley reelected. You are picked up and taken directly...