BET Holdings, Inc. the parent company of Black Entertainment Television sells 4.2 million shares of stock in an initial public offering on the NYSE, BET is the first African American company listed on the “Big Board”.
On this date in 1989, Frank Mingo, one of the pioneering advertising executives who specialized in targeting African American consumers, dies. He founded the agency as Mingo-Jones Advertising Inc. in 1977. He was posthumously inducted into the American Advertising Federation’s Hall of Fame in 1996.
On this date in 1979, Richard Arrington was elected the first Black mayor of Birmingham, Alabama.
On this date in 1976, Reverend Joseph H. Evans elected president of the United Church of Christ.
On this dated in 1974, Muhammad Ali defeated George Foreman for heavyweight boxing title in Zaire.
On this date in 1966, Huey Newton and Bobby Seale students at a California college create the Black Panther Party for Self Defense.
On this dated in 1954, Defense Department announced elimination of all segregated regiments in the armed forces.
On this date in 1831, Nat Turner is captured after his role in the Slave Revolt that took place in Southampton county, Virginia on August 21, 1831.
