GRAMOPHONE COMPANIES
AMALGAMATION RUMORS
Press Association—By Telograpb—Copyright
LONDON, April 10 (Received April Ll, at noon.)
There were exciting dealings in gramophone shares on the Stock Exchange on the report of the impending amalgamation of the world’s three largest record manufacturing ■ompinies —the Victor Talking Machine of America, the Gramophone Company, and the Columbia Gramophone Com- ‘ Standard ’ says that two of the Columbia’s directors are now in America negotiating. The officials of the last two named companies say they know nothing of the fusion. The issued capital of the three companies aggregates nearly £12,000.000, but the present market value is almost £30,000,000. —Australian Press Association.
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Bibliographic details
Evening Star, Issue 19838, 11 April 1928, Page 6
Word Count
104GRAMOPHONE COMPANIES Evening Star, Issue 19838, 11 April 1928, Page 6
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