Eugenio Lopez was a
prominent businessman and was the founder of the Manila Chronicle and Chronicle
end of World War II Lopez rebuilt the
family business, and entered the emerging broadcast
In 1962, he led the group of
Filipino investors that acquired Manila Electric Company or Meralco, then
the largest corporate entity in the country.
The growth of the Lopez
empire continued until the declaration of martial law in 1972. The family’s
print and broadcast companies were forcibly shut down by the government, and
their interest in Meralco and its subsidiaries was forcibly sold .