Business: Personal File: May 19, 1961

∙ A Wall Street mystery was solved when Bertin C. Gamble, 63, admitted to being the anonymous bidder who offered $40 a share for 470,000 shares of Chicago's General Outdoor Advertising. Elusive Bert Gamble, who built up the Gamble-Skogmo chain of auto accessory and appliance shops (380 stores, 2,000 dealers), now specializes in buying companies and reselling them at a handsome profit. Backed up by $45 million in cash from the 1960 sale of Gamble-Skogmo Inc.'s interest in Western Auto Supply, Gamble says he wants control of North America's biggest outdoor advertising company for "diversification and expansion." General Outdoor plans to...

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