Los Angeles Business Journal, March 31st, 1997
FUNDRAISERS EXPECT TO DRUM UP $100 MILLION BY JUNE DEADLINE
The Walt Disney Concert Hall project, which had been stalled for years, suddenly appears to be on the fast track following Atlantic Richfield Co.'s recent $10 million donation.
Eli Broad, chairman and CEO of SunAmerica Inc., who has taken a lead role in the fundraising effort, now expects to raise $100 million by June 30, almost double the amount needed under terms of an agreement with the County of Los Angeles.
"We will have an announcement of a donation equal to or larger than Arco's within the next month," said Broad, who has ...
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