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COCA-COLA PURCHASES MORE DOWNTOWN ATLANTA PROPERTY
Published January 4, 1995
The Coca-Cola Co. has bought 10 more parcels of property within the downtown area of Atlanta. The company is "assembling" land for its '96 Olympic festivities. Since last spring Coca- Cola, a "major" Olympic sponsor, has paid $7.3M for properties with plans for an Olympic celebration area adjoining the Centennial Olympic Park, "which will be the nucleus of festivities during the games." Coca-Cola spokesperson Randy Donaldson: "We are making good progress accumulating the property we have targeted in that area." Coca-Cola hopes to make additional purchases in the coming weeks (Sally Salter, ATLANTA CONSTITUTION, 1/4).