Business & Finance: Atlas in RKO

Problem child for Radio Corp. of America has been Radio-Keith-Orpheum, theatre and cinema-producing company in the courts since February 1933. Last week David Sarnoff, short, round-faced head of Radio Corp. said, in effect, to his troublesome corporate offspring: "Go and never darken my door again." But the orphan was not put out into any storm. Waiting to receive it was Floyd Bostwick Odium's Atlas Corp. which, together with Lehman Bros., Manhattan banking house, bought an unspecified portion of RCA's holdings in RKO stocks and debentures. What Atlas and Lehman paid for their purchase...

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