http://news.yahoo.com/s/ap/20071128/ap_on_re_us/ted_turner_s_land;_ylt=AtBchKlL.cnudbMMN7HwcwrBF4l4MULLEN, Neb. - Ted Turner's men didn't flinch. As the price climbed past $8 million, $9 million, $9.5 million, they continued bidding at a rapid-fire pace.
When the auction was over, they walked away with what they came for: 26,300 acres of prime ranch land, at a cost of nearly $10 million.
"It hasn't taken long to find out he's serious," said Duane Kime, a rancher and Turner neighbor who was outbid by about $100,000 by the CNN founder.
But what exactly is Turner serious about?
The question gnaws at folks here and in other rural areas of the country where people once thought the billionaire just wanted to play cowboy.
Turner has amassed 2 million acres over the past two decades to become the largest private landowner in the country. He owns land in at least nine states, with most of his holdings in New Mexico, Nebraska, Montana and South Dakota, and is restoring buffalo, cutthroat trout, wolves, black-footed ferrets and other flora and fauna that filled the Plains before the West was won.
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*Scratches head*