It's a savvy strategy, because under FCC rules, if the regional bids top the bids for the C block, that block must be split up and apportioned to the highest bidder or bidders.

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For extra security, each 64 MB block, encrypted with its own key, is split into 96 fragments.

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Yumeshin failed to block Japan Engineering's defences of a stock split and an equity warrant issue, but the Tokyo District Court laid down reassuring criteria for their use: that they must not simply be in the board's self-interest, and that they are subject to shareholders' approval.

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He popped the hood, and they all leaned in for a better look at the massive corrosion, the split hoses, what the garage guy called a cracked block.

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But the IRS' attack on split-dollar insurance came months after key congressmen had moved to block the ploy.

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