Word: turneritis
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...group's other hostage are Robert Polhill, 53, of New York City; Jesse Turner, 39, of Boise, Idaho; and Mithileshwar Singh, 60, a native of India and resident alien in the United States...
supple as an underinflated football, he calls 12-meter racing his hobby. But nearly everyone on the dock seems to believe he has singlehandedly killed it as a pleasure sport. "The weekend sailor has been shoved out," says Ted Turner, Captain Outrageous of 1977. Tom Blackaller, one of the advocates of leisure caught in Conner's relentless wake, mourns, "I'd like to get him the hell out of sailing. I think he hurts it." Conner sighs and explains, "What they're saying is, 'If I were willing to give as much as Dennis does, I could be as good...
...Turner has used his share of Perils-of-Pauline financial maneuvers in building Turner Broadcasting System, the parent firm of Cable News Network and superstation WTBS. But the brash entrepreneur put a time bomb under his company when he bought MGM/UA Entertainment last March for $1.5 billion. As part of the purchase agreement for the film and TV production firm, Turner issued 53.3 million shares of preferred stock in Turner Broadcasting. A provision of the deal was that starting this June, he would have to pay dividends on those shares in the form of common stock in his firm...
Last week Turner put out the fuse by selling 35% of his company to a group of 14 cable-TV operators and Financier Kirk Kerkorian for $550 million. Turner will use the money to buy back those troublesome preferred shares. Kerkorian, the former owner of 50.1% of MGM/UA, and the cable operators will gain five seats on Turner Broadcasting's eleven-member board of directors. Managing a narrow escape, Turner was able to hold on to slightly more than 50% of the company that he built from scratch...
Police and university officials identified the Americans as Alann Steen, a journalism professor; Jesse Turner, a computer-science instructor; and Robert Polhill, assistant professor of business. The fourth victim was Mithileshwar Singh, chairman of the business department...