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Gubi Sandhu Sold My Soul Article
Author cracks his whip, takes on Indiana Jones
I sold my first fantasy and first thriller within about a week of each other and to different publishing houses so they decided to come out with two distinct names. Rollins is my dad's first name and Clemens because I am a bit of a Mark Twain fan and Clemens was his last name."
Q: Why not use your own name? Continued...
. moreKearney Grocery Store Sold
LINCOLN, Neb. (June 17, 2008) - B&R Stores, Inc., announced today that it has entered into an agreement to purchase the Grand Central Apple Market in Kearney, Neb., from Eugene and Twyla Simpkins of Kearney.
"The Grand Central supermarket has been a cornerstone of the Kearney community for 39 years, and its legacy as a family-owned business continues on," said Pat Raybould, president of B&R Stores. "We're excited about the potential of the Grand Central Apple Market too, as it's already a fundamentally strong business."
B&R Stores plans to meet with each existing Grand Central Apple Market employee on an individual basis to discuss employment opportunities that exist shortly following the close of the sale. Raybould said it is his hope that most current store employees will continue under the new ownership. more
Baugur exits cash'n'carry to focus on retail
Baugur, owner of House of Fraser, has sold its 31.4% stake in the cash'n'carry operator Booker as it focuses on the retail sector. The Icelandic group's exit raised £100m, in a placing that saw the proportion of institutions' share rise from 23.7% to 43.7%.
The Icelandic bank Kaupthing sold its 6.2%, while its investment fund Kaupthing Capital Partners acquired 22%, agreeing not to sell for a year without the consent of Booker and its adviser Investec.
Tom Hunter's West Coast Capital and HBOS reduced their stakes to help accommodate institutional demand, according to Booker's chief executive, Charles Wilson; he bought 2m shares, taking his holding from 8.1% to 8.3%. The non-executive director Kevin Lyon bought 200,000.
Baugur held its 31.4% stake through its Milton investment vehicle but said it was the right time to sell, three years after being in the consortium that bought Big Food Group, the company behind Booker and the Iceland supermarket chain. more
Park's big unit sold
PROPERTY Alliance Group has sold the largest unit at its recently refurbished Abbotsfield Park in St Helens to local company Springfield. The company, a manufacturer of portable offices, has taken 42,000 sq ft at a price equivalent to £45 a sq ft. Oliver Moorhouse of Property Alliance Group said: "Abbotsfield Park has been a hugely successful development for us. "We are left with the two smallest units on the scheme, and the current level of interest in them is very promising." Joint agents are CBRE and Davis Harrison. . more
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