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April 27, 1987

COMMODORE SHARES FALL FOLLOWING SACKINGS OF TOP MANAGEMENT

By CBR Staff Writer

Commodore International Ltd, West Chester, Pennsylvania, duly followed up its palace revolution with lay off of 50 of its 200 administrative employees (CI No 669): the backwash of wave of sackings of top management of the firm saw the shares off another $1.25 at $9.25 for a two-day fall of $2.625, 22%.

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