▁mak er ▁of ▁cabin ets ▁and ▁wood ▁flo oring . ▁In ▁December , ▁ 1 9 8 7 , ▁he ▁completed ▁a ▁$ 9 0 0 ▁million ▁ac quisition ▁of ▁Te lex ▁Cor p ., ▁which ▁would ▁be ▁merged ▁with ▁Mem ore x ▁to ▁form , ▁at ▁the ▁time , ▁the ▁world ' s ▁second ▁largest ▁manufact urer ▁of ▁computer ▁peri pher als . ▁He ▁also ▁served ▁on ▁the ▁board ▁of ▁direct ors ▁of ▁Times ▁Mir ror ▁Co . ▁ ▁Baltimore ▁Ori oles ▁Jacob s , ▁along ▁with ▁Larry ▁Luc ch ino ▁( a ▁hold over ▁from ▁the ▁previous ▁ownership ), ▁S argent ▁Sh river ▁and ▁his ▁el dest ▁son ▁Bobby , ▁announced ▁their ▁purchase ▁of ▁the ▁Baltimore ▁Ori oles ▁from ▁the ▁estate ▁of ▁the ▁late ▁Edward ▁Ben nett ▁Williams ▁for ▁$ 7 0 ▁million ▁on ▁December ▁ 5 , ▁ 1 9 8 8 . ▁The ▁transaction ▁was ▁un anim ously ▁approved ▁by ▁the ▁American ▁League ▁( AL ) ▁franch ise ▁own ers ▁just ▁over ▁four ▁months ▁later ▁on ▁April ▁ 1 8 , ▁ 1 9 8 9 , ▁two ▁weeks ▁into ▁the ▁new ▁baseball ▁season . ▁The ▁owner ▁of ▁ 8 7 % ▁of ▁the ▁ball club , ▁Jacob s ▁became ▁the ▁chairman ▁of ▁the ▁board , ▁with ▁Luc ch ino ▁man aging ▁the ▁organization . ▁ ▁In ▁his ▁ 1 9 9 4 ▁book ▁The ▁Baltimore ▁Ori oles : ▁Fort y ▁Years ▁of ▁Magic ▁from ▁ 3 3 rd ▁Street ▁to ▁Cam den ▁Y ards , ▁Ted ▁P atter