Entrepreneurs: Weinstock Wins

For three of the four men who lunched together last week in the executive dining room of Britain's Associated Electrical Industries Ltd. on Grosvenor Place, London, the menu included a side order of crow. The humiliation of A.E.I. Chairman Sir Charles Wheeler, Chief Executive Sir Joseph Latham and Finance Director John Barber stemmed from the circumstances of the lunch. Their guest, General Electric Co. Ltd. Managing Director Arnold Weinstock, 43, had just acquired their company in one of the bitterest takeover battles in British business history and had come to Grosvenor Place to begin putting it into effect.

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