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  1. He’s bought assets in California, Colorado and Texas at fire-sale prices from companies that are raising cash in anticipation of potential problems in the future, Zell said Thursday in an interview ...

  2. Billionaires Circle Distressed Assets in U.S. Oil and Gas Patch

    Bloomberg via Yahoo FinanceNov 14 17:15 PM

    Sam Zell has teamed up with Tom Barrack Jr. to buy oil assets in California, Colorado and Texas at fire-sale prices from companies trying to get ahead of a coming credit crunch. Dallas Cowboys ...

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