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GE had also bought 338 businesses and product lines for $11.1 billion and sold 232 for $5.9 billion during the 1980s. In 1986 GE made several extremely important purchases. The biggest deal in GE acquisition history was RCA $6.4 billion, the company GE had helped to found in 1919. RCA’s National Broadcasting Company (NBC) as leading U.S. television network has brought GE into the broadcasting business in full force.
Although RCA’s consumer electronics production line overlaps with GE Consumer & Industrial, the match was concluded by analysts as beneficial since GE had been shifting from old-fashion manufacturing business into service and high technology...
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