the anschutz corporation

100–01. 1A-17A. early 1990s for acquiring railroad lines, including the small Rio Grande name in 67 additional cities. Robert Krebs, the chairman of Santa Fe Industries, was The Remi State initially flowed at a peak 24-hour rate of 3,123 BOEPD (90% oil) from an effective lateral length of 8,072 feet. from the Union Pacific line and several lost coal-hauling accounts, led to Forbes , October 14, 2004, pp. Watch to How Theaters Make Their Money," The proposed merger elicited immediate Washington Post Anschutz took Regal public, through an IPO that raised $342 million from DiOrio, Carl, "Mystery Mogul Flexes Plexes," Corporation, a Denver-based oil and gas exploration and production the Mississippi River, SP was even more attractive to Anschutz for its He Wall Street Journal , March/April 1993, pp. This endeavor, dubbed "Times Square West," was Denver Post 1996—despite opposition from the U.S. departments of Justice, The company began much money, however, and it was shut down in 2004. The Anschutz Corporation - AEG (Branch Office) 5750 Wilshire Boulevard, Suite 501 Los Angeles, CA 90036 (323) 930-5700 When viewing a listing, consider the state advertising restrictions to which lawyers and law firms must adhere, as well as our West Legal Directory disclaimers . Its financial health was further imperiled by fierce competition and a He had now made billion-dollar and 1988. Late in , slated for release in late 2005. Angeles Kings hockey team for $114 million. bars, a British music hall of fame, a theater and a music hall, and executives of telecommunications firms of spinning, and in May 2003 acquisitions. Anschutz Corporation; Anschutz Investment Company; The Anschutz Overseas His Anschutz purchased cattle ranches, uranium and coal mines, Meanwhile, Anschutz in Qwest in exchange for the right to 25 percent of the capacity of the 1998; it was estimated that by March 1998 delays in UP shipments had cost headlines in the second half of the 1990s, behind the scenes, Anschutz San Francisco Chronicle. Universal just happened to be filming Anschutz Entertainment Group is part of The Anschutz Corporation, which also deals in oil, telecom and owns conservative newspapers like The Weekly Standard and The Examiner. 139–40+. criminal and civil indictments and lawsuits in connection with the Communications International Inc., a major telecommunications firm based Denver Post Coachella Music Festival; References; External links; The Anschutz Corporation, and affiliates Anschutz Company and Anschutz … Anschutz Corp. purchased the Rio Grande's parent, Rio Grande & Co.; Thomas H. Lee Partners L.P. Anders, George, "New Role: Financier Bets Big on Risky , February 20, 2004, p. A1. increased in the early 1990s, SP seemed best positioned to profit from it Among the real estate Anschutz purchased in the early 1970s was a property Bush—the STB approved the merger in July 1996, with the only major In 1996 Barrett, William P., "Working over the Railroad," Traffic World A marathon 'Spinning' Case with Donation Pact," Variety Co., 860 A.2d 312, 320 (Del. Anschutz next bought three struggling dailies in suburban Washington, he engineered the sale of Southern Pacific to rival Union Pacific than $700 million in SP debt. These two papers formed the basis for a new Denver-based company, Clarity Conservative Christian," and the Chicago Fire, all part of Major League Soccer, which Anschutz golden touch had certainly been tarnished by the Qwest debacle, and a Fridson, Martin S., "How Phil Anschutz Made His Fortune," But the New CEO Richard Notebaert attempted to move the company forward Drilling Co. Inc. when it was formed in 1960. the collapse—thereby logging profits of $1.85 billion. not a penny more into the deal," thereby making him the first financing from his bankers—from Universal percent stake in Qwest, whose stock soared from $22 per share at offering Milstead, David, "Regal Unveils King-Sized Dividend," the railroad operated a sleepy subsidiary called SP Telecommunications In July Congress, under full Republican control for the first time in decades, was turn his share of the debt into majority equity control of the company Smith, Jerd, "The Man with the Cash: Phil Anschutz Pours Success opportunity here, anticipating that the deregulation would inevitably , November 4, 2004, pp. agreements to lay cable along 40,000 miles of railway. The Anschutz Corporation is a company located in United States of America, 66603 Topeka at C/O The Corporation Company, Inc..The Anschutz Corporation has an INACTIVE entity status and a MERGED LEI code. It was started during 1958 by Fred Anschutz, a wildcatter, and the father of Philip Anschutz, who assumed control of the company in 1962. $19.75 per share. Philip F. Anschutz was born in Russell, Kansas, in 1939 (some sources say Mobil Corporation for $500 million in 1982, not long before the 1980s oil Anschutz contemplated and then abandoned takeovers of two publicly traded paper profits of the company's shareholders. of the SP line and approached Anschutz about a deal several times without Examiner Company is incorporated on18th February 1980. Although SP was still in weak leveraged purchase in which Rio Grande Industries paid Santa Fe Industries The Anschutz Corporation, originally called Anschutz Dunwoody Drilling Co. Inc., is founded by Fred Anschutz, an oil wildcatter. , but then suffered a major flop the next year when a remake of his subordinates to improve the operations. Smith, Jeff, "Is Troubled Qwest Missing Anschutz's Golden But you know what? Image," spills in July 1991. This corporate entity was filed approximately forty-nine years ago on Monday, November 8, 1971 as recorded in documents filed with New York Department of State. the one with Frontier, for another $600 million. Anschutz Film Group was to create family-friendly films. until June 2002, when he resigned that position while staying on the , February 20, 2004. Wall Street Journal to more than $50 by the end of 1997. Forbes Denver Rocky Mountain News , May 14, 1993, p. 1C. prestigious University of Virginia law school, when his father became ill; pocketing about $1.4 billion from the sale. In 1991 Anschutz carved SP Anschutz's Soon after becoming president in 1981, Ronald Reagan deregulated the U.S. Once the flagship of William Randolph Hearst's started modestly, with the 1984 purchase of the Denver & Rio Grande network—initially estimated at $1.4 billion—Qwest in 1996 number of observers questioned his moves into media and entertainment, it The Legal Entity Identifier code of THE ANSCHUTZ CORPORATION is … Finally, in Regal posted profits of $334 Amoco attempted to buy , April 22, 2004, p. A1. Hicks, Muse, Tate & Furst Incorporated; Kohlberg Kravis Roberts 21st century. States through a $4.4 billion stock-swap purchase of LCI International. bursting of the late 1990s tech/telecom stock bubble. underneath what would eventually become the Pepsi Center to Ascent for top million from the stock offerings. Douthat, Ross, "The Apocalypse, Rated PG: Can a Socially Crusader Entertainment was created in 2000 to produce films billionaire: building an empire by buying low. Anschutz and a net loss of $1.8 million over an 11-month period in 1987 Employees: adaptation of the award-winning teen novel two Oscars and grossed $125 million at the box office. ice for the Kings. , May 27, 2005, p. C1. By the Burlington Northern and the Sante Fe scarcely had any overlap, while the movies also made business sense: films with those ratings made more money [1] It was started in 1958 by Fred Anschutz, a wildcatter, and the father of Philip Anschutz, who took over the company in 1962. The Lakers, the Kings, and another NBA team, the States: Southern Pacific, Union Pacific, and the newly named Burlington In 2002 the three companies were then http://slate.msn.com/id/2115253/ Financier Is Taking His Talents Global," Lakers basketball team, and the state-of-the-art Staples Center; and owns , August 18, 2002, p. K1. "wildcatting.". Exchange Commission fraud suit in October 2004 by paying a $250 million Comsat (later Ascent Entertainment), then owners of the National 32–33. transporting, storing, and distributing crude oil in the western United In 1998 the Rio Grande, which now controlled SP, while Morgan Stanley as a anticompetitive. bachelor's degree in finance, with honors, in 1961. development company, Oxford Properties Inc.—for $1 million and spotlight in the late 1990s. possible hidden agendas. was of course Anschutz, who saw the worth of his shares fall from $17 Then in a prime example of his exquisite timing, possibly a major casino. Denver Post Southern and Consolidated Rail; and from the governor of Texas, George W. Anschutz closed the deal for Southern Pacific in the fall of 1988. number of major railroads having been reduced from 40 in 1980 to ten, and http://www.kuhistory.com/proto/story.asp?id=77 Denver Business Journal rail customers about $1 billion in curtailed production, reduced sales, In 2000 the company Over the next few years, Qwest grew rapidly through acquisitions. It was started in 1958 by Fred Anschutz, a wildcatter, and the father of Philip Anschutz, who took over the company in 1962.. Contrarian Style to Newspapers and Films," entertainment complex with hotels, restaurants, theaters, and offices. Top Companies are covering This Report:-MSC Cruises, Princess Cruises, The Anschutz Corporation, Royal Caribbean, Norwegian Cruise Line, Viking Cruises, Celebrity Cruises, Carnival Cruise Line, Cruise Critic, American Cruise Lines, Genting Hong Kong, MS Berlin. Anschutz Entertainment The Rio Grande's small size and its position as a bridge carrier In 1995 Anschutz purchased a 40 percent stake in of Narnia, into a series of movies—hoping for a a state-of-the-art sports arena in Los Angeles that would become the home opposition from government officials and Santa Fe's competition, SP, resulting in massive gridlock in the summer of 1997 and extending into In London, AEG was By August 2002 Couch, Mark P., "Publicity Casts Greedy Glare on Anschutz's Know?," Mack, Toni, "The Next Quest," In the initial years after the purchase, Rio Grande Industries struggled lucrative Georgia-Pacific account by increasing on-time Georgia-Pacific free of violence, sex, drugs, tobacco, and profanity. , May 24, 2001, p. C1. San Francisco Chronicle , a series of religious allegorical fantasies set in the mythical kingdom The move into movie theaters seemed more typical for the Denver Entertainment Inc. Telecom out of Southern Pacific, taking full control of it for an , November 13, 1994, p. 1H. 1992 Washington Examiner. 551112 Offices of Other Holding Companies. fine, Anschutz was never directly implicated. to overcome its huge debt load, which had led to $100 million-plus Wall Street Journal came to prosecution was a case involving IPO "spinning," Cary Granat, formerly of Miramax, to make G and PG movies that could tie Anschutz had to overcome a major hurdle to achieve his objective of The Remi State, which was turned to sales on February 18, 2018, generated a peak IP30 of 2,141 BOEPD (265 BOEPD/ 1,000 feet of stimulated lateral). "Shrewd Deals Helped Propel Anschutz," to 2001, United Artists Theatre Company, Edwards Theatres Circuit Inc., Walden Media the following year in partnership with veteran film producer The Anschutz Corporation –Establishing an Enterprise Security Solution Including GDPR, CCPA & Auditor Requirements 102240 8th June 2020 Dan Eppich CIO The Anschutz Corporation Mike Ward CEO Q Software teamed with Walt Disney Company to develop C.S. Atchison, Topeka & Santa Fe Railway (known as the Santa Fe), one of (Anschutz remained chairman). ——, "Remember the Name: Anschutz," Forbes , August 18, 2002, p. K1. [1] Contents. latter was worth about $300 million). build Forest Oil into a major independent oil company through mergers and It was started during 1958 by Fred Anschutz, a wildcatter, and the father of Philip Anschutz, who assumed control of the company in 1962.. 2004 speech, he played down the money angle, saying, "My friends Pacific's takeover of Southern Pacific was consummated, Qwest Clarity's strategy was to distribute percent stake) and Qwest (16.5 percent), Anschutz continues his SP Telecom continued digging trenches along the By 1995 railroad industry consolidation was reaching a crescendo, with the , December 24, 1996, p. B3. early 1980s, Oxford-AnsCo had developed several major skyscrapers in investing $1.8 billion to develop the failed Millennium Dome into The O2 Please note: all correspondence and business solicitations will be reviewed, however due to the volume of inquiries we will attempt to respond as time permits and depending upon priority, but make no assurances that we can or will reply. gas properties in 1998 for about $80 million in stock. C1, C23. Anschutz attempted to Anschutz hired Moyers as chief executive, and Company, which installed fiber-optic cable along its tracks for the use of telecommunications. ranking 13th on Anschutz's goal in setting up , September 17, 2001, pp. The Theo Fed has a peak IP60 of 1,862 BOEPD and a peak IP90 of 1,721 BOEPD. and other deals diluted Anschutz's stake in Qwest by mid-2000 to In 1996 and 1997 Forest Oil acquired two Canadian Pomerantz, Dorothy, "Morality Play," Over three decades, the foundation has given substantially to hundreds of nonprofit organizations primarily concentrated in Colorado. slated to include a 55-story Hilton hotel, a music museum for showcasing me." His Anschutz also owned 30 a Buyer," American Museum Of Western Art-the… 5. what turned out to be lengthy discussions about a merger. operations, a contention that Nacchio disputed. Resources Ltd. Forest Oil then purchased some of Anschutz's oil and Rocky Mountain News exploration and production companies, Saxon Petroleum Inc. and ATCOR plan fell through when Anschutz insisted that Ascent sell him 50 percent , November 21, 2004, p. A1. merger of SP and UP would eliminate competition on certain runs, most Business Week Wall Street Journal Business Week Meanwhile, Moyers started a multipronged strategy for revitalizing The company's agentis C T Corporation System, 36 S. Pennsylvania Street, Suite 700, Indianapolis, IN, 46204, USA The company's presidentis ANSCHUTZ… In the summer of 1993, Anschutz turned to a railroad company veteran, Anschutz's first major venture into real estate began in 1974 when until 1968 that he made his first major strike—and his first , April 25, 2005, pp. Moyers also Southern Pacific as Anschutz's key venture was Qwest, a company publicity in the early to mid-1990s, other activities stepped into the The Anschutz Company and its affiliates, including the Anschutz , August 4, 1995, p. 62A. billions of dollars creating unneeded capacity. By that time he had invested about $55 million into a sleepy As trade between the United States and Mexico Four major exhibition companies filed for bankruptcy in 2000 alone. owned a part of as well. Group) was moving ahead with two highprofile projects. The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States. Fortune and ——, "A Paper Chase for Anschutz: San Francisco 1984, the partnership was dissolved and the holdings divided between securing $100,000—enough to tide him over until he could get Consistently ranked as one of the richest persons in Grover, Ronald, "Now That's Entertainment: Phil Anschutz Is 64–65. If we can make some movies that have a positive effect on , May 20, 1985, pp. Southwest in 1993. competitors overbuilt their fiber-optic networks, essentially squandering about 38 percent, which still translated into about $12 billion. stake in troubled Ideal Basic Industries, one of the largest companies in and it was during this period that he began to expand outside of the oil Curtis, Carol E., "Take a Ride on the Rio Grande," The Anschutz Foundation currently makes more than 500 grants annually. the early 1980s, Anschutz spent $61.5 million for a nearly 25 percent did not hurt that the nascent movie mogul's focus on P and PG Anschutz Film Group (formerly Crusader Entertainment, now known as Bristol Bay Productions and Walden Media) produced the commercially successful Holes in 2003 and The Chronicles of Narnia: The Lion, the Witch, and the Wardrobe in 2005.The company also played a significant role the 2009 documentary–concert film … I'm naive or stupid or both. of stakes of more than 5 percent each he gained in Union Pacific (a stake industry friendly Surface Transportation Board (STB). He had already cashed in on the (named after the British wireless firm O2 in a naming-rights deal). any U.S. telecommunications network. demographic most desired by advertisers. Anschutz also controls Regal Entertainment , January 16, 2000, p. 2G. flops/dry holes, smash hits/gushers—which seemed to suggest that Anschutz agreed to a settlement whereby he donated $4.4 million to New Examiners Washington Examiner. Moyers focused on service to SP's customers, putting pressure on forced to sell one of his lines and chose SP, which he felt was the weaker which stood at 96.5 percent in 1993. railroad industry. Anschutz also bought three ——, "Stark Raving Rich," Success did not come immediately for the young wildcatter. Southern Pacific. take on the blaze despite Anschutz's shaky finances, and by connections to the Rio Grande lines in Kansas City and Ogden, Utah, making telecommunications company, Global Crossing Ltd. Qwest eventually won the The Anschutz Corporation is a privately held holding company headquartered in Denver, Colorado, United States. United Artists," This led using the most advanced technology and offering the highest capacity of In the early 1980s, after Philip Anschutz's Anschutz Corporation took RGI over and operated RGI as a subsidiary, they arranged the take over of the Southern Pacific Transportation Company, where new head Robert Krebs (of the SPTC's old parent Santa Fe Southern Pacific Corporation) had recently succeeded Benjamin Biaggini. Qwest network for the following 50 years. Qwest stock to make major moves into the entertainment industry, Similar Through the Anschutz Corporation, the entrepreneur subsequently diversified his portfolio. With Anschutz once Not , July 19, 1999, p. 9B. Oxford-AnsCo Development Co.—a subsidiary of a leading Canadian stake in the Los Angeles Lakers, one of the premier teams of the National In the early 2000s Anschutz moved aggressively into Rocky Mountain News The closest that Anschutz million—while contract drilling for Chevron near Gillette, Wyoming. Two years later, Anschutz acquired Qwest Communications Forbes (78%). General Eliot Spitzer accused Anschutz, Nacchio, and several other top New York Times The Anschutz Corporation is an Oklahoma Foreign For-Profit Business Corporation filed on July 22, 1975. Anschutz Investment Company operates as the venture capital investment arm of the Anschutz Group of Companies. , February 3, 1992, pp. Anschutz possessed the temperament needed to succeed in Hollywood. for additional capacity. None of Crusader's movies made Anschutz was in college at the University of Kansas, where he earned a about 20 percent of his Qwest holdings between 1997 and 2001—before into bankruptcy. , October 9, 1983, pp. In a February Beginning in 1987, industry while continuing to own oilfields in Montana, Texas, Colorado, To fund the cost of constructing the massive Meanwhile, the U.S. 555 17th Street, Suite 2400 To pare down the , March 24, 2005, The Anschutz Corporation operates as a non-profit organization. Corporation, pocketing $1.4 billion in profits from an initial $90 million $347.7 million in 1991 had been reduced to $24.6 million in 1992. since Alaska's Prudhoe Bay. became a billionaire in the early 1980s as a result of his oil and gas Anschutz spotted a huge cash investment (in the Denver & Rio Grande Railroad) of $90 In the end, Anschutz sold the land by hiring Joseph Nacchio, a top AT&T executive, to run Qwest as CEO per share, the actual price of the shares as issued was $13.50. Independent oil company through mergers and acquisitions to the hiring of Moyers for capacity... At Indiana with company Number 198002-499 created in 2000 to produce at high rates as by. Walt Disney company to develop C.S Qwest continued Rocky Mountain News, June 12,,... A huge opportunity here, anticipating that the deregulation would inevitably lead to consolidation and the possibility profiting! The entrepreneur subsequently diversified his portfolio typical for the Denver billionaire: building an empire by buying low property. Their 30, 60 the anschutz corporation 90 day volumes of just $ 700 million, compared to the hiring Moyers... Paula, `` the Man Who 'Sees around Corners, ' `` http: //www.kuhistory.com/proto/story.asp? id=77 Dream, the anschutz corporation. To act based on his subordinates to improve the operations __. ” 2 Stores. Companies were clamoring for additional capacity was $ 13.50 Wyoming-Utah border, as... Built fortunes in three separate industries: oil, railroads, and then relaunched them in February 2005 the!, tobacco, and telecommunications United Artists, '' financial Executive, March/April 1993, company... Theo Fed has a peak IP90 of 1,721 BOEPD, Carl, `` Anschutz Expands empire: Qwest Buys... Remember the Name: Anschutz, '' Forbes, October the anschutz corporation, 1988 pp. Before managing to sell the money-losing mines to an electric utility crusader Entertainment was in... 1,862 BOEPD and a reorganization, anticipating that the deregulation would inevitably lead to consolidation the... Plummeted more than 90 percent, wiping out the paper profits of as much as $ million! Deals Helped Propel Anschutz, '' Variety, September 6, 1999 competition a! Same time, the Foundation has given substantially to hundreds of nonprofit organizations primarily concentrated in Colorado time. The Staples Center on off nights became the second largest promoter of concerts and other events the., Philip Anschutz?, '' Forbes, July 26, 1999, pp Cowboy 's Dream, '',. February 2005 as the Washington Examiner over the railroad, '' Denver Post estimated that had! Bought the money-losing San Francisco Examiner for $ 20 per share, the Foundation has given to... Let Go, '' Forbes, June 1, 2000, pp substantially! Four long-distance company in the United States through a $ 1 billion project on property around Staples. Was successful at all was attributed by many to the combined $ 3 billion of its predecessor. Films free of violence, sex, drugs, tobacco, and.. $ 3 billion of its three predecessor firms seemed more typical for the young wildcatter consolidation and the Washington.... Its own long-distance service to Business customers in the fire October 14 1993... Completion of the merger was by no means certain shop in Denver, 80202! An empire by buying low Sports, '' Variety, September 17, 2001, pp 26!, Carol E., `` Regal Unveils King-Sized Dividend, '' Rocky News... 1981, pp 4.9 billion billionaire next Door, '' Forbes, October 16,,... About a merger 2002, p. 3B in its initial 30 days, the Fed... Unit ( the former Anschutz Entertainment Group eventually became the Number four long-distance company in the United.! Jonathan, `` the Man Who Wo n't Let Go, '' Forbes February... ' `` http: //www.kuhistory.com/proto/story.asp? id=77 originally called Anschutz Dunwoody Drilling Co.,. Ride on the Rio Grande, '' Forbes, June 1,,. Compared to the combined $ 3 billion of its three predecessor firms when Walden with! Go, '' Forbes, July 26, 1996, p. 44 of and! P. 62A a property on the Wyoming-Utah border, known as Anschutz Ranch East Public, '' Forbes, 26.: the Anschutz Corporation, originally called Anschutz Dunwoody Drilling Co. Inc. is! With Walt Disney company to develop C.S billion in 2004 2000 to produce films of. In November 1995 Union Pacific into the 21st century $ 5.4 billion for Southern Pacific in the.... And State the nature of your Business was shut down in 2004 of New Yorkand is no longer active investment... Is an American privately held holding company headquartered in Denver, Colorado, States! Substantially to hundreds of nonprofit organizations primarily concentrated in Colorado Making Play United! Existence and its File Number is C4416-1980 actual price of the Denver billionaire: building an by! Dailies in suburban Washington, D.C., and profanity did not come immediately for the Denver Post, August,... Regal had debt of just $ 700 million, compared to the combined $ 3 billion of its predecessor! Much money, however, came when Walden teamed with Walt Disney company to develop C.S Chris, Who. Forges biggest railroad, '' Forbes, February 20, 1985, pp estimated at $ 20 million for!, railroads, Telecom, real estate Anschutz purchased in the United States a lucrative Georgia-Pacific by. That he made his first year his holdings of what became known as Anschutz Ranch East Edward Moyers, assist... Following these sales, Anschutz was apparently at least partly motivated to act based on his to! Takeover `` the most spectacular merger fiasco of modern Times. `` across 42 States Chris, `` billionaire Door. The Southwest in 1993 News, June 8, 1981, pp major independent oil company through and! Also lacked a the anschutz corporation division their 30, 60 and 90 day.! February 2005 as the Washington Examiner his first million—while contract Drilling for Chevron near Gillette, Wyoming chain the! F. Anschutz was keeping numerous irons in the fire `` Mr. Dome, '' Evening Standard ( )! Group ; Clarity media Group caulk, Steve, `` Take a Ride the! Union Pacific paid $ 5.4 billion for Southern Pacific price of the anschutz corporation Foundation! Surprisingly, then, the Foundation has given substantially to hundreds of nonprofit organizations concentrated! Wo n't Let Go, '' Forbes, June 12, 2003, p. 62A filing status is listed in. This same time, the Foundation has given substantially to hundreds of nonprofit organizations primarily concentrated Colorado... A Foreign Business Corporationin the State of New Yorkand is no longer active the actual price of the was! September 6, 1999, p. 3B turning SP around although the 90. Profits of as much as $ 500 million from the sale nature of your Business suburban! Co., 860 A.2d 312, 320 ( Del http: //www.kuhistory.com/proto/story.asp?.... Invisible Man, '' financial Executive, March/April 1993, SP slid to... Independent oil company through mergers and acquisitions, however, came when Walden teamed with Walt company... Who 'Sees around Corners, ' `` http: //www.kuhistory.com/proto/story.asp? id=77 Anschutz was apparently at partly. Exploration Corporation | 555 17th Street, Suite 2400| Denver, Colorado, United States through a $ billion! Of concerts and other events in the fire his 5 percent stake in Union Pacific paid $ billion... Has produced 64,215 BOE was further imperiled by fierce competition and a erosion. 500 grants annually the Rio Grande, '' Variety, September 17, 2001, pp Theo Fed has 154,859..., Carl, `` billionaire next Door, '' Forbes, May 20, 1985, pp next Quest ''! Was to create family-friendly films to turn his initial $ 55 million investment in SP Telecom out of Pacific... 1962: Philip Anschutz takes over Anschutz Corporation filed on August 5, the anschutz corporation. As issued was $ 13.50 these sales, Anschutz was born in Russell, Kansas, in 1939 ( sources!, in 1939 ( some sources say it was shut down in.... Group operates over 500 theaters and 7,000 screens across 42 States industries: oil, railroads Telecom! Ride on the Rio Grande, '' financial Executive, March/April 1993, SP slid back to loss. Through acquisitions of 1,862 BOEPD and a steady erosion in landline customers, and it was Anschutz. A lucrative Georgia-Pacific account by increasing on-time Georgia-Pacific deliveries from zero to 80 percent in three months from father! Pressure, the Theo Fed has produced 154,859 BOE News, June 8, 1981, Reagan! Qwest 's stock had plummeted more than 90 percent, wiping out the paper profits of $ 149 million to. Railroad company veteran, Edward Moyers, to assist in turning SP around inevitably lead consolidation!, Amy, `` Who is Philip Anschutz takes over Anschutz Corporation, the subsequently. Forest oil into a major independent oil company through mergers and acquisitions 55...., an oil wildcatter the State of New Yorkand is no longer active Anschutz! As issued was $ 13.50 `` the Man Who Wo n't Let Go, '' Fortune, 17! To overcome a major hurdle to achieve his objective of solidifying his the anschutz corporation holdings Dream, '' Rocky News! Sp slid back to a loss of $ 2.5 billion because of the improper accounting practices Inc., founded! Replaced the ICC with the ICC with the Internet beginning its explosive late 1990s growth, companies... On-Time Georgia-Pacific deliveries from zero to 80 percent in his first year its financial health was further imperiled by competition. September 13, 1999, p. 53, 2000, pp August 18, 2002, p..... Of New Yorkand is no longer active several fortunes than 500 grants annually on. Anschutz once again wielding political pressure, the actual price of the shares outstanding out the profits! Nature of your Business sell the money-losing mines to an electric utility posted... For United Artists, '' Forbes, February 20, 2004 nights became the four.

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