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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: chartseer who wrote (95473)11/16/2010 9:02:41 PM
From: Jorj X Mckie  Respond to of 224884
 
and more:

On March 30, 1977, Del Monte Properties Company reincorporated as Pebble Beach Corporation. Twentieth Century-Fox used its profits from its film Star Wars to buy Pebble Beach Corporation in May, 1979. During this era, Marvin Davis (after purchasing Twentieth Century-Fox) completed development of The Inn & Links at Spanish Bay.

Davis sold Pebble Beach Company to Japanese businessman and golf fanatic, Minuro Isutani in 1990, who would then sell to The Lone Cypress Company (formed by the Japanese Sumitomo bank and Taiheiyo Club) in March, 1992.

In the summer of 1999, Arnold Palmer, Richard Ferris, Peter Ueberroth and Clint Eastwood—along with William Perocchi and GE Pension, offered limited partnership interests with the understanding that the plan was to never again sell Pebble Beach Company to another ownership group.
pebblebeach.com

interesting that 20th Century Fox bought Pebble Beach with the profits from Star Wars.



To: chartseer who wrote (95473)11/16/2010 9:04:32 PM
From: MJ  Read Replies (1) | Respond to of 224884
 
Thanks for clarification Japanese as oppose to Japan.

When you mentioned Pebble Beach I was reminded of a couple of trips to the area. You have now provided the name I was searching for-------The Lone Cypress. When I was there, snapping pictures I was told that pictures of The Lone Cypress tree were copyrighted and one could not resale your own photos.

Of course, I have some beautiful pictures of the The Lone Cypress as do many tourist-----which someone can pull out a 100 years from now and sell as antiques.

mj