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#4 The Remarkable Life and Turbulent Times of Joseph P. Kennedy
Founders
Joseph P. Kennedy Quitting RCA, RCA Acquisitions KAO and FBO
Joseph P. Kennedy quit as RCA acquires KAO and FBO. Sarnoff, which is the founder of RCA, did not ask Kennedy to stay with the company. He would exercise his option on the remaining 25,000 R.K.O. shares over the next two years for an additional $489,000.
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