Word: resoldered
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Near Orlando, Fla., a grove owner sold 30 acres of land 15 miles from Disney World last spring for $285,000. Two weeks later the buyer resold it for $375,000. One week later a subdivision developer bought it for $525,000. Several months later the developer turned down an offer of $750,000 for the property, upon which he is now constructing apartments...
Humbard turned his corporation into a conglomerate in 1965, when he bought the Real Form Girdle Co. of Brooklyn, N.Y. Since then he has acquired and resold an advertising agency and a printing company in Akron, spent some $3 million to buy and modernize Mackinac College in northern Michigan and $10 million for a 24-story office tower in downtown Akron. Adjacent to the cathedral he has built a 202-unit apartment building for senior citizens and a restaurant (all the dinner you can eat for $3, no smoking or drinking, please). The acquisitions are owned and operated by Cathedral...
...Rousseau's The Tropics, and secretly sold it, along with Vincent Van Gogh's The Olive Pickers, to Marlborough Fine Art galleries. No price was given, but the reliable figure was $1.5 million for the two. This is well below their market value; the Rousseau alone was resold only days later to a Japanese collector for $2,000,000. Everett Fahy, 31, the Met's brilliant curator of European paintings, did not want to lose the Rousseau and refused to sign the deaccession form. On this occasion, Hoving overrode him, though, in theory...
...small Long Island subcontractor named Gap Instrument Inc., by purchasing new issues of the company's preferred stock. The Navy is now the single largest stockholder in the company, but its shares appear for the moment to be almost worthless; they carry no voting power and cannot be resold commercially...
...together with a Van Gogh-went out the back door to a dealer for a rumored total of $1.5 million. He might have tried Japan first. Last week Tokyo Art Dealer Tokushichi Hasegawa took delivery of the Rousseau, which he had bought from Marlborough Fine Art in London and resold to an Osaka businessman (anonymous, for "tax reasons") for $2,000,000. Said Hasegawa who, at 33, is vice president of Nichido Gallery, Japan's largest art shop: "I only felt sorry that I couldn't pick up the Van Gogh as well...