Word: colas
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...seems that there is no place on earth too remote to have a McDonald's restaurant, a Coca-Cola bottling plant or a Holiday Inn hotel. The Memphis- based Holiday Corp. lodging chain said last week that it had agreed to manage Tibet's ten-month-old Lhasa Hotel, a 500-room, $30 million complex...
Citibank-Citicorp donated at least $3 million. Primary sponsor Coca-Cola Co. won't disclose its donation, but Rogol concedes it's at least as much as Citicorp...
Early last month Goizueta pounced again as Coca-Cola bought Merv Griffin Enterprises for an undisclosed sum, which some television analysts estimated at $200 million to $250 million. The new acquisition is expected to have earnings of $170 million this year, largely from the Merv Griffin Show and the popular game shows Wheel of Fortune and Jeopardy! Coca-Cola also has shares in a number of joint ventures, including a 50% stake in a home video operation with...
Income from Coca-Cola's entertainment sector reached $161 million last year, a 33% increase over 1984 and equal to about 10% of the company's overall $ 1985 operating income of $1.045 billion. Considering that promising start, no one believes that Coke's Hollywood shopping spree is over. Says Frank Biondi, executive vice president of the company's entertainment division: "We remain, in the vernacular, on the make." Says Disney's Mellon: "Coke wants to take over everybody. The only number they'll be satisfied with...
...home sales take off. Coca- Cola marks its centennial in Classic style...