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BRIEFLY

January 01, 1987

New York real estate developer Donald Trump said the Justice Department asked for additional information before deciding on whether to approve his request to increase his stake in Bally Manufacturing Corp. . . . Lucky Stores said that 47,806,810 shares were tendered in its $40-a-share cash offer and that it accepted 30.07% of the tendered shares on a pro-rated basis . . . Union Carbide said it completed the $340.5-million sale of its headquarters building in Danbury, Conn., to a private investment group . . . Tenneco said the $1.344-billion sale of its insurance businesses to ICH Corp. of Louisville, Ky., has been completed . . . Times Mirror Co. said it had completed the sale of Times Mirror Magazine Book Clubs to a subsidiary of Grolier Inc. of Danbury, Conn. Terms of the sale were not disclosed . . . Federated Department Stores said it will report an after-tax gain in the fourth quarter of about $9 million from the sale of the Hickory Ridge Mall in Memphis, Tenn., to JMB Group Trust III of Chicago for $50.3 million . . . Allied Stores shareholders approved a merger into a Campeau Corp. subsidiary . . . Carter Hawley Hale Stores completed the sale of John Wanamaker, Philadelphia, to Woodward & Lothrop Inc., a subsidiary of Taubman Investment . . . UCCEL of Dallas said it acquired Los Angeles-based California Software for approximately $3 million cash.

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