Word: entrepreneur
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Dates: during 1980-1989
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Obviously, it takes a lot to deflect Jerry Falwell from broadcasting his message, for television is the pump of his vast Fundamentalist empire. And yet there is something shockingly worldly about his endless selling. What are we to make of this fatherly Bible banger, this artful entrepreneur in rube's clothing who sups with Presidents and world leaders, and reaches out directly to the simplest of men and women? His earnest warnings about America's moral decay, the breakdown of family values, are instinctively appealing. Is he, as his followers proclaim, the truest and bravest voice in the whole Fundamentalist...
What about Ted Turner? The colorful entrepreneur was undeterred. "We believe that our offer . . . is far more attractive . . . and we intend to pursue it vigorously," said a Turner Broadcasting System statement. On Friday Turner asked the Federal Communications Commission to speed up consideration of his takeover bid so that CBS shareholders could vote on it simultaneously with the company's offer...
Apple (1984 sales: $1.5 billion) is often characterized as the corporate equivalent of a gawky adolescent. Though no longer a youthful entrepreneur, it remains in many ways immature. "Apple is feeling growing pains and is losing its innocence," says Ulric Weil, a computer analyst who watches the company for the Morgan Stanley investment banking firm...
...would bet money on an entrepreneur whose last company went bankrupt, who was tried and acquitted on charges of cocaine trafficking and who is being investigated for embezzlement? "An abundance of people," says Walt Bratten, chairman of Castle Group, a Newport Beach, Calif., investment firm. Bratten claims to be arranging financing for a new venture by John De Lorean, 60, the former General Motors executive whose first auto company collapsed in 1982. De Lorean has been working on the new project for about six months. He told the Los Angeles Herald Examiner that it was "inevitable that the company come...
...following one of the network's own soap operas: the plot seems to unfold at a painstakingly slow pace. But that is just the story line that CBS likes. Steady resistance and attack on all fronts seems to be CBS's strategy in its efforts to thwart the flamboyant entrepreneur's hostile bid. Some observers are comparing it with ABC's determined opposition in the 1960s to attempted takeovers by Norton Simon and Howard Hughes...