PEOPLE

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LOS ANGELES: At a reception at the Bel Air Country Club, Petersen Publishing Co. Chairman Robert E. Petersen (l.) and his wife, VP Margie Petersen, meet with new owners of the company, who will take over Oct. 1. Avy Stein (2nd l. ) is managing director of Willis Stein & Partners, the acquiring company. Neal Vitale (2nd r.) will be president-chief operating officer of Petersen and D. Claeys Bahrenburg will be chairman-CEO. Mr. Petersen will be chairman emeri tus and he and his wife will remain on the board.
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