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Ailing Newman Gives $120M Company to Charity

Reports say movie legend dying of lung cancer

By Peter Fearon,  Newser Staff

Posted Jun 11, 2008 3:29 AM CDT

(Newser) – Movie legend Paul Newman has quietly turned over his ownership of Newman's Own cookies and salad dressing company—worth $120 million—to his charitable foundation, which helps ill and impoverished kids, reports Fox TV. News of the gift comes amid reports the gaunt 83-year-old star...   Read full story »

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