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Spear Rees Co

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BUSINESS
June 1, 1993
Spear Financial Services Inc. in Glendale said it has agreed to sell the discount brokerage accounts of its Spear Rees & Co. subsidiary to Quick & Reilly Inc., a large New York discount brokerage firm. The transaction is expected to be completed this month. Spear Financial also said it has sold stock in TCW Inc., its specialist operation on the Pacific Stock Exchange, and the stock of two inactive broker-dealer subsidiaries to its former chairman, Charles M. Spear.
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BUSINESS
June 1, 1993
Spear Financial Services Inc. in Glendale said it has agreed to sell the discount brokerage accounts of its Spear Rees & Co. subsidiary to Quick & Reilly Inc., a large New York discount brokerage firm. The transaction is expected to be completed this month. Spear Financial also said it has sold stock in TCW Inc., its specialist operation on the Pacific Stock Exchange, and the stock of two inactive broker-dealer subsidiaries to its former chairman, Charles M. Spear.
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BUSINESS
October 6, 1992
Spear Financial Services Inc. in Glendale said it plans to divest its discount brokerage and stock exchange specialist operations to focus entirely on its main business of marketing insurance-related investments. Spear, through its James Mitchell & Co. unit, markets annuities and other insurance-related investments through banks and other financial institutions. Mitchell accounted for 69% of Spear's $29.
BUSINESS
October 6, 1992
Spear Financial Services Inc. in Glendale said it plans to divest its discount brokerage and stock exchange specialist operations to focus entirely on its main business of marketing insurance-related investments. Spear, through its James Mitchell & Co. unit, markets annuities and other insurance-related investments through banks and other financial institutions. Mitchell accounted for 69% of Spear's $29.
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