Optimists will say that Huang agreeing to reveal himself – contrary to what Broughton told us about serious buy-out contenders – is a device to muscle out Hicks and Gillett before the transfer window and that the nature of the sovereign funds will reveal itself.
He seems to have done more serious buying in London at Christopher Gibbs, Carlton Hobbs, Mallett, Partridge Fine Arts and Pelham Galleries.
But when one progresses from flea-market tables into serious buying, things grow less casual.
After years of raising cash through public offerings, special-purpose acquisition companies are getting into serious buying mode.
But lesser notice was taken of the fact that Fidelity, which runs 309 funds, also did some serious buying of high-tech stocks.
Palafox offers a lovely stretch for window-shopping, a long walk or serious buying: It's lined with appealing eateries, specialty shops and boutiques, with a weekend farmers market at the north end and the bay at the south.
Before diving into the sale, I entertained another serious buy-out offer, entertained an offer for investment from a premiere investor, and even considered turning it into a double-bottom-line company, but all in all, everyone advised this was by far the best deal to be done (esp. because I was 100% owner of the company with no other investors or partners involved).
Computing magazines at the time were often very serious – buying guides, tech advice, programming.
By the late 60s, actors like Steve McQueen, Paul Newman, and Dennis Hopper smoldered onscreen in movies like Cool Hand Luke and Easy Rider, while the counterculture assimilated into the mainstream, and teenagers became a market that wielded serious buying power.
