Word: murph
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...companies began sidling toward each other in 1982, at Capital Cities' annual management meeting. When the session was over, Pierce, a guest speaker, approached Capital Cities Chairman Thomas Murphy and said, "You know, Murph, if things ever change where they allow more stations at one company, it might be a good idea for Capital Cities and ABC to talk...
...longtime friend, Warren Buffett, 54, a soft-spoken and secretive investor from Omaha. Buffett, who owns 41% of Berkshire Hathaway, a diversified investment firm, is an old hand at deals involving communications companies, but he acknowledges his friend's expertise too. As he told TIME last week, "Murph needs an adviser like Carl Lewis needs a tail wind." Berkshire Hathaway currently owns 13% of < the Washington Post Co., 8% of Affiliated Publications, whose flagship property is the Boston Globe, and 4% of Time Inc. Buffett agreed to buy 3 million shares, or 18%, of Capital Cities/ABC, as the new company...
...Murph wasn't the only runner who feasted at the Eagles' though. In addition to the 3000, the Crimson came up with two other one-two-three sweeps...
...Murph's move had a very positive effect," McCurdy said. "We went out there to try to win the whole thing--to shoot the whole works. We didn't figure to have a snowball's chance in hell...
...Murphy didn't look bad till the last 1-3/4 mile," McCurdy said. "I've never seen Murph look so tired and pale as he did with half-a-mile to go--and that was when he started to make his move...