Word: scrippses
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Among the undaunted was Jack Grimm, a restless Texas oil millionaire who previously had searched for quarries less tangible than the Titanic: Noah's Ark, Bigfoot and the Loch Ness monster. Between 1980 and 1983 he lavished $2 million on three elaborate Titanic expeditions, masterminded by Columbia University Marine Geologist...
The bidding war ended with nary a drop of blood spilled. Gannett Co., the nation's sixth-largest media company (86 daily newspapers, including USA Today, six TV stations and 14 radio stations), agreed last week to buy the Evening News Association, the parent firm of the Detroit News, which...
For nearly three decades, Detroit has been the scene of one of the costliest and hardest-fought newspaper rivalries in the U.S. In a battle for dominance of the sixth largest market in the nation, the powerful Knight-Ridder Newspapers Inc. has spent an estimated $23 million since 1979 to...
The board's hand was forced by a hostile takeover bid by two producers: Norman Lear, creator of the TV series All in the Family, and A. Jerrold Perenchio, promoter of the 1971 Ali-Frazier fight. As principals in cash-rich L.P. Media, Lear and Perenchio had offered $1,000...
In Los Angeles, Chinese-born Angela Hom, 21, grew up in a sweatshop owned by her parents, where women's blouses were made. "When I was little, we would work until 1 in the morning, then sleep on the cutting table," she says. This year she wrote her senior thesis...