When Ohio Realtor John W. Galbreath offered to buy six buildings in Cleveland's downtown Terminal Tower Group for $7,800,000 last spring, Railroader Robert R. Young, who owned the majority of the stock, thought the deal was solid. But when the time came to pass the cash, Galbreath wanted to change the sale conditions. Twice Bob Young granted extensions; twice Galbreath asked for new terms, and the contract grew to 100 pages.
Last week, after Galbreath had presented his latest conditions, Bob Young, who likes his deals simple, had had enough. Young announced he was selling the buildings to someone else...