Word: two-fifths
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Furthermore, DCL was forming a U. S. gin subsidiary in which it wanted Mr. Porter to have a two-fifth interest. Upshot is that DCL will let Mr. Porter have 1) the two-fifth interest, 2) the money to buy it with and 3) a lot more money besides. In return the DCL directors were pleased to get for some $7,000,000 a 12% interest in the No. 1 U. S. whiskey company...
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