Word: kerkorian
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Dates: during 1980-1989
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Central casting has sent the moneymen to help direct the entertainment industry's new wave. They are businessmen who have earned their fortunes in other fields and are now conquering Hollywood. Examples: MGM's Kirk Kerkorian, a onetime airline financier, and Denver Oilman Marvin Davis, who liquidated his energy holdings in order to buy 20th Century...
After a long period of corporate confusion, Kerkorian divided his holdings into two parts last year. He spun off his hotel and gambling interests, which include the MGM Grand in Las Vegas, into a separate company called MGM Grand Hotels Inc., and his movie properties into MGM Film Co. It was shortly after the two MGM companies were split that a fire took 84 lives last November at the MGM Grand...