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Money Matters: CBS Takeover Attempts, Stock Market #95559

ABC Evening News for Thursday, Apr 18, 1985
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(Studio) Report introduced
REPORTER: Peter Jennings

(NYC) Ted Turner's opening round in move to take over CBS, Incorporated examined; films shown-. [TURNER - is excited.] Impact on CBS structure should Turner be successful described. [TURNER - explains goals for CBS TV network.] Econ. implications of merging CBS with Turner Broadcasting System (TBS) considered; details outlined on screen, explained. CBS stock activity today mentioned. [First Boston Corporation spokesperson Rich MacDONALD, Dean Witter Reynolds spokesperson Fred ANSCHEL - discuss Turner's position.]
REPORTER: Dan Cordtz

(Atlanta, Georgia) Turner's personal and professional background reviewed; films shown. [TURNER - claims 3 major networks pose greater threat to US than Nazi Germany or Tojo's Japan.] His various bus acquisitions listed, discussed. [CNN anchor Chris CURLE - notes Turner's professional competence.] Song about Turner played.
REPORTER: Rebecca Chase


Chase, Rebecca;
Cordtz, Dan;
Jennings, Peter

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