Word: dealing
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Dates: during 1980-1989
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...acquisition will bring Murdoch and his Sydney-based News Corp. one step closer to his goal of developing the most powerful communications empire in the world. After the deal is completed, the U.S. circulation of Murdoch's magazines, which include New York and New Woman, will total some 25 million. That will put News Corp. at roughly the same level as Time Inc., the largest U.S. magazine publisher...
Murdoch's holdings may sprawl over four continents, but there is a clear pattern. "Everything is English-language related, global related and media related," says John J. Veronis, head of Veronis, Suhler & Associates, the investment-banking firm that brokered the Triangle deal. Adds Investment Banker Steven Rattner of Morgan Stanley: "Other U.S. media are exporting their products, but Murdoch is the only one buying indigenous communication systems and linking them together...
...half its shares. And that is not going to change anytime soon. News Corp. has issued very few new shares since 1954. Besides, with no more than 40 corporate staffers, News Corp. is so lean that Murdoch can strike his targets quickly. He and Annenberg first talked about a deal over lunch at the Triangle publisher's home on July 9; they announced their agreement less than four weeks later...
...York City, but he spends much of his time traveling among his far-flung operations. While he may rely on his two chief lieutenants, Richard Sarazen and Martin Singerman, for handling financial matters and administrative details, the one in charge is Murdoch. Says Investment Banker Veronis of the Triangle deal: "At our first meeting, he carefully picked up each publication, and we talked about the content and the market that the publication reached. There are very few people who are editorially astute and who have a penchant to learn about business. Murdoch is the best...
...sufficient. Even a clearer, more traditional Jesus of history is inadequate if he does not evoke spiritual awe. "We can, of course, discuss our different pictures of the historical Jesus until the end of time," says Tubingen's Hengel, "but to examine the biblical texts and fail to deal with questions about the truth of faith is quite uninteresting." If Jesus is uninteresting, whether in a movie or a scholar's reconstruction of the Gospels, no one will follow...