So complicated were the technicalities of the recent deals between Radio Corp. of America, General Motors Corp., General Electric Co., Westinghouse Electric & Manufacturing Co., that Radio's accountants were momentarily baffled, had to ask the Stock Exchange for permission to delay their report (TIME, June 16). The essence of these deals was that General Electric Co. and Westinghouse, previously manufacturing 60% and 40% of RCA's Radiolas on a cost plus 20% basis should turn over their patents and radio manufacturing plants to Radio, sell sets under their own names through their vast distribution...
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