From the treasury of Fokker Aircraft Corp. of America went last week 400,000 shares of Fokker stock. Purchaser was General Motors which with its purchase (40% of Fokker outstanding stock) gained control. In part payment for the Fokker stock, General Motors turned over to Fokker the capital stock of the Dayton-Wright Co., assets of which consist mainly of Wright Field, Dayton Aviation Field adjoining the famed but abandoned McCook Field (Wartime Army aviation center) and also a large number of aviation patents.* Following so closely upon General Motors' acquisition of a 25% interest in Bendix Aviation Corp., makers of airplane...
Business & Finance: I Do it Myself
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