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Times Staff and Wire Reports

Houston-based Allright Parking Corp., the nation’s largest owner and operator of parking lots, has been purchased by a team made up of financier Leon Black and real estate firm Aldrich Eastman Waltch for an undisclosed amount. . . . Dallas-based Fibreboard Corp. said its insurers--Pacific Indemnity and Continental Casualty--will pay $1 billion to partially settle asbestos claims against the company after the deadline to appeal a broader agreement expired. . . . E. Gerald Corrigan, former president of the New York Federal Reserve Bank, was named a partner at Goldman, Sachs & Co.

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