WIRELESS MERGER.
CAPITAL OF NEW ORGANISATION. (United Press Association— By Electric Telegraph—Copyright.) LONDON, January 19. It is disclosed that the capital of Imperial International Communications, Limited, is fixed at £30,000,000 in £ ordinary shares. The “Financial News” explains that this total is fixed on dividend requirements of £2,882,550, and observes that the whole position is very obscure. It appears necessary for Marconi' manufacturing profits to expand greatly if the merger fixed dividend is to be paid.
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https://paperspast.natlib.govt.nz/newspapers/THD19300121.2.42
Bibliographic details
Timaru Herald, Volume CXXV, Issue 18478, 21 January 1930, Page 8
Word Count
75WIRELESS MERGER. Timaru Herald, Volume CXXV, Issue 18478, 21 January 1930, Page 8
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