Business: Deals & Developments

Columbia to Grigsby, Grigsby-Grunow Co. of Chicago makes Majestic radios and Majestic mechanical ice boxes. Belligerently independent, it also made trouble in 1930. It sued Radio Corp. of America and associates for $30,000,000. It knows what trouble is both in & out of the office. Once it lost a $4,000,000 patent infringement suit to Magnavox Co., and last year William Carl Grunow was ousted from the presidency by his partner Bertram James Grigsby. Last week unGrunowed Grigsby-Grunow, undaunted, planned to expand, acquire Columbia Phonograph Co. by an...

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