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NAMES IN THE NEWS
Published September 26, 1995
IndyCar Team Owner ROGER PENSKE said Monday his company is buying 860 auto repair centers from Kmart Corp. for $112M. The stores will operate as Penske Auto Centers in their locations adjacent to Kmart stores (DETROIT NEWS, 9/26)....The October issue of CHICAGO profiles White Sox player LANCE JOHNSON and Lance Productions, his music production company. Johnson: "I can now relate to some of the problems that owners go through -- contracts, overhead, frustrated employees, not to mention prima donnas" (CHICAGO, 10/95 issue)....Devil Rays Owner VINCENT NAIMOLI and his auto supply company, Harvard Industries, are profiled in the current issue of FORBES (FORBES, 10/9 issue)....Dolphins Head Coach DON SHULA and Owner WAYNE HUIZENGA are identified in SOUTH FLORIDA magazine as a figures who has "defined the region -- and will continue to do so well into the next millennium" (SOUTH FLORIDA, 10/95 issue)....The BOSTON HERALD's "Inside Track" notes that PETER MCNEELEY's girlfriend "dumped him" because she found out he was going out with a stripper, who subsequently dumped McNeeley because "he was too dumb for her" (BOSTON HERALD, 9/25).... DENNIS RODMAN, from an interview with ESPN radio: "I am one of the top three draws in the NBA. If it's not Michael Jordan and it's not Shaquille O'Neal, it's me" (ESPN Radio, 9/25). Former Patriot JOHN HANNAH's investment consulting firm has been sued by the Chicago Housing Authority. The CHA cites the Hannah Group's failure to stop a former CHA official from diverting pension money to phony investments, and say that action "opened the door for others to loot" the CHA's pension fund (BOSTON GLOBE, 9/26). CORRECTION: Lawrence Taylor is not implicated in the filing of administrative proceedings by the SEC against the former president and two traders of a now-defunct brokerage firm that bought Taylor's company, All-Pro Products, in '93. The men are accused of manipulating the price of the company's stock. THE DAILY regrets the error.