The estate sold for a 'rumored' $12 million. [=people say that it sold for $12 million, but that may not be true]
It 'was rumored that' the factory was going to move overseas, but that turned out to be false.
That news should keep 'the rumor mill' churning/running/going for a while!
(..) Dumbledore? lt is not wise to be wandering around this late hour, Tom. Yes, professor. l suppose l. . . . l had to see for myself if the rumors were true. l'm afraid they are, Tom. They are true. About the school as well? l don't have a home to go to. They wouldn't really close Hogwarts, (..)2002 Harry Potter and the Chamber of Secrets