A HUGE CAPITAL
COMMUNICATIONS COMPANY. POSITION OF THE MERGER. (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, January 19.. It is disclosed that the capital, of Imperial and International Commimications, Ltd., has been fixed at £30,000,000. The Financial News explains ‘that this total is fixed on dividend reduireinents of £2,882,550, and observes 1 that the whole position is very obscure. It appears necessary for the Marconi manufacturing profits to expand greatly if the merger’s fixed dividend is to be paid.
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Bibliographic details
Otago Daily Times, Issue 20930, 21 January 1930, Page 9
Word Count
79A HUGE CAPITAL Otago Daily Times, Issue 20930, 21 January 1930, Page 9
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