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OTHER NEWS - Dec. 6, 1993

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From Times Staff and Wire Reports

Pan Am World Air Trademark and Logo Auctioned: The blue-globe logo of Pan Am Corp., which once evoked images of exotic destinations and flying boats, fetched $1.3 million at auction in federal Bankruptcy Court in New York. Bidding for the symbols of Pan American World Airways, grounded since December, 1991, quickly rose from an opening offer of $300,000. The new owner, Eclipse Holdings Inc., said it plans to franchise the trademark to airlines linked in a worldwide Pan Am Alliance.

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