OTHER NEWS - April 14, 1993

Investment Groups Reportedly Want Coldwell Banker: A management team and two investment groups are reportedly negotiating to buy Coldwell Banker Residential Services, the home sales operation that retailing giant Sears, Roebuck & Co. put up for sale last year. Boston-based Bain Capital and Acadia Partners--a Ft. Worth, Tex., investment group that includes billionaire Robert Bass--would provide financial backing for the acquisition, according to a report in Crain’s Chicago Business. The residential real estate operation, which is based in Mission Viejo, has more than 2,000 offices across the country, making it one of the nation’s largest. Coldwell Banker officials declined to comment.