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BUSINESS
June 17, 1994 | ALAN CITRON
In a bold and surprising move that acknowledges the rapid convergence of entertainment and technology, Hollywood's Creative Artists Agency on Thursday hired AT&T multimedia chief Robert M. Kavner. Kavner's responsibilities will be far-reaching. But Chairman Michael S. Ovitz said Kavner will largely focus on creating new-media opportunities for CAA's stable of clients, which includes such well-known technophiles as Steven Spielberg and Robin Williams.
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BUSINESS
June 17, 1994 | ALAN CITRON
In a bold and surprising move that acknowledges the rapid convergence of entertainment and technology, Hollywood's Creative Artists Agency on Thursday hired AT&T multimedia chief Robert M. Kavner. Kavner's responsibilities will be far-reaching. But Chairman Michael S. Ovitz said Kavner will largely focus on creating new-media opportunities for CAA's stable of clients, which includes such well-known technophiles as Steven Spielberg and Robin Williams.
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BUSINESS
September 25, 1988 | CARLA LAZZARESCHI, Times Staff Writer
Last month AT&T's computer group head, Robert M. Kavner, spent a few weeks vacationing on the Italian Riviera with his corporate predecessor, the suave and ultra-stylish Vittorio Cassoni. Although golf was the major recreation, Cassoni insisted on taking Kavner on a "major money" shopping expedition for his fall wardrobe. Ever since, the reserved Kavner, an accountant by training, has been wearing the same style of double-breasted Italian business suits that the charismatic Cassoni favors.
BUSINESS
September 25, 1988 | CARLA LAZZARESCHI, Times Staff Writer
Last month AT&T's computer group head, Robert M. Kavner, spent a few weeks vacationing on the Italian Riviera with his corporate predecessor, the suave and ultra-stylish Vittorio Cassoni. Although golf was the major recreation, Cassoni insisted on taking Kavner on a "major money" shopping expedition for his fall wardrobe. Ever since, the reserved Kavner, an accountant by training, has been wearing the same style of double-breasted Italian business suits that the charismatic Cassoni favors.
BUSINESS
May 24, 1988
Robert M. Kavner, president of American Telephone & Telegraph's Data Systems Group, has been elected a director of its Italian partner, Ing. C. Olivetti & Co. There had been reports of conflict between the companies earlier this year after they could not agree on terms for AT&T to boost its stake in Olivetti, which stands at 22.3%.
BUSINESS
March 9, 1989 | BRUCE KEPPEL, Times Staff Writer
American Telephone & Telegraph, in a move to decentralize its decision making, is organizing the company into 15 "businesses units" that each will be headed by a president who will be held responsible for the operation's profits and losses. AT&T Chairman Robert E. Allen on Wednesday called the reorganization an attempt to respond to increased competition and the demands of customers for ever more specialized products and services.
BUSINESS
June 4, 1991 | CARLA LAZZARESCHI, TIMES STAFF WRITER
American Telephone & Telegraph said Monday that it will sell virtually all its 19% stake in Sun Microsystems, ending one of the most financially rewarding and technology-advancing relationships in the computer industry. AT&T said it took the action because its pending acquisition of NCR Corp. will probably put the phone giant and Sun into direct competition in the computer business. It will sell 5 million of its 19.1 million shares for $36.
BUSINESS
March 29, 1991 | CARLA LAZZARESCHI, TIMES STAFF WRITER
A negotiated settlement to American Telephone & Telegraph's hostile takeover bid for NCR Corp. appears likely after it became apparent that AT&T had failed to win complete control of NCR at Thursday's shareholder meeting, officials from both sides said after the session. A deal "sounds closer to me," NCR Corp. Chairman Charles E. Exley Jr. said. "An initial meeting has been held, and I anticipate further meetings." Robert M.
BUSINESS
July 17, 1987 | BRUCE KEPPEL, Times Staff Writer
American Telephone & Telegraph reported Thursday that its second-quarter profit was up 41% from the weak results of a year earlier, helping boost the company's stock to its highest price since the Bell System was broken up in 1984. AT&T's stock closed at $31.75, up $1.50, in composite trading on the New York Stock Exchange. It was the most actively traded stock on the Big Board, with 10.1 million shares changing hands.
BUSINESS
October 29, 1988 | JOHN M. BRODER, Times Staff Writer
In a decision that will be felt in the computer industry for years, the Air Force on Friday awarded a $929-million contract to American Telephone & Telegraph for computer equipment and software for military and civilian installations worldwide.
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