Word: fuqua
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...Fuqua, chairman of Fuqua Industries, will speak on the practice of acquiring and divesting corporations and the philosophy of building a conglomerate, drawing on his own experience as example...
Christened John Brooks Elam, Fuqua was adopted and raised by his mother's parents and given their name. His mother died from complications arising at childbirth, and his father, a struggling tobacco farmer, could not afford to raise...
Anxious to escape the farmer's lot in Prince Edward County, Va., Fuqua borrowed books on radio through the mail from Duke University and quickly obtained a ham operator's license and then a commercial operator's license...
...with $2000 and a few financial backers, Fuqua started radio station WGAC in Augusta, Ga., and acted as its manager, holding a small minority of the stock. Nine years later, Fuqua sold out his minority interest in WGAC, bought 100 per cent of the other Augusta radio station, WTNT, and proudly renamed it WJBF...
Intrigued by his first look at television at the 1939 New York World's Fair, Fuqua took a plunge in 1950 and bought $50,000 worth of TV equipment. Fuqua waited until 1952 when the Federal Communications Commission lifted its freeze on new TV licenses and allocated two channels to the Augusta area. In 1953 WJBF-TV began...