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Barter Deals Take Many Forms Pro Hockey Team Acquired Thru Barter : Peter Pocklington acquired 50% of the Edmonton Oilers from Nelson Skalbania in 1977 in exchange for a Rolls Royce, a 15-carat ring, and a Renoir painting. The next year he purchased the contract of Wayne Gretzky from Skalbania (who had signed the 17-year-old Gretzky to a seven year deal for a total of $825,000), then of the Indianapolis Racers...making Pocklington a very wealthy man! Trading Customer Contracts, Equipment & Facilities : Browning-Ferris Industries and Allied Waste Industries signed a letter of intent to swap various customer contracts—equipment and facility—that represent about $120 million in annual revenue to each party. Airline Gates Exchanged : Continental Airlines traded five terminal gates it had at Los Angeles International to United Airlines for several of their gates at the Newark (NJ) airport.
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