Word: ferger
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Cincinnati, the two Scripps-Howard papers are so independent that the chain does not consider Cincinnati a true monopoly, although it owns the only two dailies in town. The morning Enquirer has been a chain possession since 1956, but Publisher Roger Ferger does not go to the annual meetings (he is not invited) and does not receive the Washington-written editorials (he would not run them). Nor does the Scripps-Howard lighthouse beam from the Enquirer's masthead. The Enquirer endorsed Ohio Republican William O'Neill for Governor in 1958, the Post & Times-Star supported Democrat Mike...
...Post editorial assured readers-and staff-that the papers would go on with their separate identities. Scripps-Howard's 36.5% of Enquirer stock will not come into its own hands until August 1957; until then, the stock must go into the voting trust run by Enquirer Publisher Roger Ferger, who tried hard to block last week's deal. Meanwhile, the chain is trying to buy more Enquirer stock...
Trouble erupted in November, when Reporter James Ratliff Jr., who had led the employees' campaign, accused top management under Publisher Roger Ferger of feathering its own nest at the paper's expense. Ratliff lost his job, but gradually began winning his demands for a management shakeup...
Since the fight over management began. Financier Stuart has taken a dim view of Publisher Ferger, who now votes a majority of the paper's stock under a trust agreement. Once Ferger flew to see him in Chicago, and at the end of their conference said he was going directly to catch his plane back to Cincinnati. Stuart later checked Ferger's expense account for the trip, found that it did not jibe with Ferger's account...
...Stuart was no less firm with the Ratliff faction, and impatient with their failure to win the battle with Ferger. Last week he called in Ratliff, told him he had decided to sell his interest in the Enquirer. "Might as well get out while there is a chance," he said. "Under this management, I don't think the stock will ever go up." Ratliff argued-as he had before -that Stuart himself could change the management. The banker's reply: he had no desire to run a newspaper...