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OTHER NEWS

From Times Staff and Wire Reports

Shamrock to Sell Enterra Stake: Shamrock Holdings Inc., a Burbank investment firm controlled by Roy E. Disney, plans to sell its remaining 11.8% stake in the Houston oil-services concern. The sale apparently marks another profitable chapter in Shamrock’s strategy of acquiring positions in distressed companies that later shine. Enterra stock closed Friday at $24.625 a share. At that price Shamrock’s stake is worth $46.8 million.


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