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CBS / Takeover Attempts #303328

CBS Evening News for Wednesday, Apr 03, 1985
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(Studio) MCI reported denying "New York Times" claim it was participating in attempt to take over CBS, Incorporated
REPORTER: Dan Rather

(NYC) Ted Turner's alleged recruitment of former Treasury Secretary William Simon and MCI in takeover attempt examined; MCI's reaction quoted on screen. Amt. of CBS stock owned by Ivan Boesky compared to that of CBS founder William Paley. [CBS chairperson Thomas WYMAN - will fight takeover attempts.] CBS tactics to avert takeover and its possible mergers with Time, Incorporated or Storer Communications, Incorporated discussed. [WYMAN - denies desire to purchase other companies] [Analyst Chris ANDERSEN - doesn't believe CBS is vulnerable.] CBS stock activity today reported.

Brady, Ray;
Rather, Dan

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