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The venture will have its own sale force.
"A merger would result in some synergies by combining sale forces, warehouses and printing offices," he said.
The fact that there were few A.D.R.'s for sale forced prices even higher.
Roger Coleman viewed it far easier to buy an establish wholesale grocery company in a new territory rather than build a sale force and distribution network from scratch.
He has just lost his farm - in a sale forced on him by the Kenya Government ('Kenyatta's Chief Bodyguard wanted it for himself').
Though most big insurance companies have long relied on independent contractors to sell their policies, Allstate was among the few to hire agents as employees with benefits, arousing a fierce loyalty from its sale force.
Yesterday, Paul's sons, Howard, 49, and Edward, 43, paid their cousins and another investor $77.8 million for a valuable development parcel on 42nd Street as part of a court-ordered sale forced on them by Seymour.
In a spirited and steadily soaring auction, a group headed by a Baltimore lawyer and a Cincinnati investment banker bought the Baltimore Orioles baseball team yesterday for $173 million in a sale forced by the bankruptcy of the Orioles' owner.
S.E. Rykoff & Co., also known as SERCO, was a broad line national wholesale grocer that serviced the restaurant, hotel and institutional trade from regional warehouses, sale forces and truck fleets located primarily on the west coast of the United States.