Word: corporacion
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Soberon organized his first big fiesta, a 3,000-person bash in Mexico City, as a teen. Now 42 and the founder and CEO of Corporacion Interamericana de Entre-tenimiento (CIE), the largest live-entertainment company in Latin America, Soberon will thrill a larger audience: Grupo Televisa has paid $107 million for a 40% stake in a CIE subsidiary and will broadcast the company's concerts and sporting events throughout Mexico...
...addition to Wirth, Ratajczak, and Kay, the new nominees include: Charlotte Pierce Armstrong '49, a New York lawyer; Peter C. B. Bynoe, chair and chief executive of Chicagobased Telemat, Ltd.; Antonio Madero '58, founder and chief executive of Mexico's Corporacion Industrial San Luis; Frank N. Newman '63, vice chair and chief financial officer of BankAmerica; Anne H. Richardson '51, chair of Washington D.C.-based Reading is Fundamental; and Torsten N. Wiesel, President of Rockefeller University...
...control both companies, he formed (with Mexican backers) Telefonos de Mexico, S.A. To control that, along with his other Mexican interests, he and his associates formed a $20 million holding company, Corporacion Continental...
Corporación now flies three broken-down Italian Macchi seaplanes over 850 route miles. But it has dreams of much bigger things, is dickering for more equipment and a route to Rio. Meantime the arrival of a Spanish mission in Buenos Aires started the jolting rumor that Corporacion is the hub of a new transatlantic airline from Argentina to Europe-and Berlin. Thus, Corporación packs political dynamite aplenty...
...sole hope of acquiring mail contracts. Last week Pickwick Latin-American Airways Inc. found its burden too great, suspended its service between Los Angeles, Mexico City and San Salvador. Other U. S.-Mexico airlines: Compania Mexicana de Aviacion (subsidiary of U. S.-owned Pan American Airways, Inc.) and Corporacion Aeronautica de Transportes ("CAT lines") which connects with domestic routes at El Paso and Brownsville...
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