From the literature(A.Douglas et al)the following info can be found:
Frank d´Andrea sold this company and its name, and began a new company in 1934 named Andrea Radio Corporation (see Andrea).
Mr.Bruce Hagen made this interesting first hand contribution:
I was a dealer and also a distributor for FADA. And later a dealer and a sales rep for Andrea. At one point Andrea was considering to bring back the FADA logo but I guess someone there didn't approve of the idea which came out of the sales department.
I do not think that Mr. Andrea sold F A D Andrea, Inc. but sold a company that he created by the name of FADA Radio & Electric Corporation. I have stock certificates indicating that FA was President of this company in late 1933. I believe that this is the company that was sold to the Boston group that put it into bankruptcy, not F A D Andrea inc. The NY group was apparently headed by Jacob M Marks and they brought the company out of bankruptcy using the name Fada Radio & Electric Company, Inc. JM was President when FADA folded for good in 1955. His title was GM in 1937 or so.
The family story is that Mr. Andrea returned to the radio world in 1934 as Andrea Radio Corporation but I tend to believe that it was F A D Andrea Inc as there was a press release in Radio Retailing in 1935 announcing that FA had agreed to rename his company. No mention of from what to what.
Then there was a rumor that he started Empire Electric but I've never been able to document that.
Bruce Hagen
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