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General Electric and RCA Corp. have agreed to divest RCA's consumer electronics business if
broadcast cartridge machine it had developed with RCA's Broadcast Systems division, which RCA is selling off in pieces as it gradually leaves the market.
The Hertz Corp., a subsidiary of RCA Corp., has been sold to UAL Inc. for $587,500,000 in cash, it was announced today.
RCA, the parent of NBC, for $6.28 billion, despite objections to one small part of the transaction.
With the Federal Communications Commission's 4-0 approval, there are no other major procedural roadblocks to consummation of the $6.28-billion merger, which includes RCA's NBC network.
Citicorp, Nynex and RCA announced the formation of a jointly owned company that will conduct
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operations, RCA/Ariola International, to Bertelsmann AG, a West German electronics conglomerate, an investment banking source said Monday.
"BEGIN SWEET WORLD." Richard Stoltzman, clarinet. RCA RCD1-7124 (compact disc).
RCA said Thursday that it will lease space on one of its new satellites to U.S.
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RCA said Thursday that a "computational error" was responsible for a misstatement last week of its
RCA Corp. received an $11-million Army contract for classified electronic equipment.
RCA Corp.'
The most significant change is the establishment of three separate operating units--RCA Records-U.S