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Encyclopedia Dubuque

www.encyclopediadubuque.org

"Encyclopedia Dubuque is the online authority for all things Dubuque, written by the people who know the city best.”
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Affiliated with the Local History Network of the State Historical Society of Iowa, and the Iowa Museum Association.




SHEARSON AMERICAN EXPRESS

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SHEARSON AMERICAN EXPRESS. During the 1980s American Express began an effort to become a financial services supercompany. In mid-1981 it purchased Sanford I. Weill 's Shearson Loeb Rhoades, the second largest securities firm in the United States to form Shearson/American Express. Responding to the news that American Express had agreed to exchange its shares for Shearson's, Shearson stock jumped $6.38 a share, to $48.63, with 500,000 shares changing hands.

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Source:

New York Times, April 22, 1981.

The 1983 through 1985 Dubuque City Directory listed 190 DUBUQUE BUILDING.