Salt Lake Telegram | 1928-12-16 | Page 36 | Merger Plans of Radio and Victor Making Progress

I I I i I Merger Pla Plans s of Radio and Victor Making Progress f NEW YORK TORK Dec 15 IS AP Sat AP-Sat- Sat Satisfactory progress was reported to today today today to- to day In the plans for tor the consolidation consolida consolida- U tion day n of ot Radio Corporation of ot America America America Amer Amer- ica and Victor Talking Machine company with wih definite sta statement of terms scheduled for announcement next week The plan Is for for a a complete merger of the two tuo companies with wih total valuation of oC more than and not in creation creaton o of a holding holding company as was the case casein casein casein in Radios Radio's alliance alance with Keith Keith- Orpheum Albee-Orpheum Albee recently The merger will wi place Radio Radio in a commanding position In practically every branch of the amusement nt field The company now controls the National I Naton Broadcasting company R. R C. C A. A Inc and through Radio Orpheum a achain achain achain chain of ot movie and vaudeville theatres theatres theatres the the- atres and motion moton picture manufacturing manufacturing manufacturing turing and distributing facilities