Acquired Gulf Insurance, which had free equity of $52 million and $63 million unrealized capital gains to help fund his biggest dream-a nationwide digital network to compete with AT&T, the national telephone monopoly.
Acquired Gulf Insurance; at the time, the company had free equity of $52 million and $63 million unrealized capital gains. To help fund his biggest dream-a nationwide digital network to compete with AT&T, the national telephone monopoly.