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The New York Times reported that Edmond Safra has negotiated acceptable terms for the sale of his Republic National Bank holdings. This should bring about a transaction in short order. Mr. Safra is a PWP who announced a year ago that he would fund a considerable amout of PD research. As a result of the forthcoming sale he will realize approximately $2.4 billion. Suffice it to say that Mr. Safra will have a significant impact when he makes his move.