Executive Transactions Herb Kohl Sells Bucks For $550M Rio Increases Budget For '16 Olympics Lexington Mayor Pushing Forward On Rupp Upgrades Judge Denies NFL Concussion Settlement Lakers RSN Ratings Reach New Low Nike, USATF Sign 23-Year Extension Names In The News Purdue Upgrading Ross-Ade Stadium Kohl Praised For Dedication To Milwaukee
AGOG will begin the process of recruiting more than 40,000 volunteers to assist in the Games. On January 17, organizers will begin statewide distribution of more than 200,000 application forms, who will then undertake a "lengthy screening process" before 40,000 will be asked to "participate in the largest volunteer work force in Olympic history." Linda Stephenson, ACOG's Managing Director for Olympic Programs, said the selection process will be "fair," adding: "We are making every effort to ensure the applications are widely distributed and easy to fill out" (Alma Hill, ATLANTA CONSTITUTION, 1/4).
The Coca-Cola Co. has bought 10 more parcels of property within the downtown area of Atlanta. The company is "assembling" land for its '96 Olympic festivities. Since last spring Coca- Cola, a "major" Olympic sponsor, has paid $7.3M for properties with plans for an Olympic celebration area adjoining the Centennial Olympic Park, "which will be the nucleus of festivities during the games." Coca-Cola spokesperson Randy Donaldson: "We are making good progress accumulating the property we have targeted in that area." Coca-Cola hopes to make additional purchases in the coming weeks (Sally Salter, ATLANTA CONSTITUTION, 1/4).
BellSouth's paging subsidiary, MobileComm, will provide instant Olympic results from next year's summer games in Atlanta. The service will provide fans and journalists covering the games with up-to-the-minute results. MobileComm is the official paging service of the '96 games (BellSouth)....The U.S. Mint has made an agreement to sell and promote U.S. Olympic Coin sets in the People's Republic of China commemorating the '96 Games. The deal signifies the first time the Chinese government has authorized the import and promotion of foreign commemorative coins within its borders. China Gold Coin has agreed to an initial purchase of 28,000 coins worth over $1M (U.S. Mint).... Certificates for Olympic bricks, the fund-raiser for the proposed Olympic Park in downtown Atlanta, are selling well. Home Depot spokesperson Randy Ziffer reported that the certificates are running "about 3-4 weeks behind orders" (Ben Brown, USA TODAY, 1/4).