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April 29, 1987

GEC HAS MONEY TO BURN

By CBR Staff Writer

It may well be a feeling familiar with those who’ve held his shares over the past five years or so, but GEC chief Lord Weinstock is fed up to the back teeth – with all the endless press discussion of the legendary cash mountain that according to the London Daily News, he told a meeting of fund managers on Tuesday, If you don’t stop going on about it, I’ll set fire to a million pounds at the AGM – still leaving him with UKP1,699m to burn…

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