Legal Opinion

Missouri Portland Cement Company, Plaintiff-Appellant-Appellee v. Cargill, Incorporated, Defendant-Appellee-Appellant, and the First Bostoncorporation

Court of Appeals for the First Circuit

Decided October 15, 1974No. 1090, 1091, Dockets 74-1024, 74-1025PublishedCited by 74 opinions

1Opinion of the Court

FRIENDLY, Circuit Judge:

This appeal illustrates the growing practice of companies that have become the target of tender offers to seek shelter under § 7 of the Clayton Act, 15 U.S.C. § 18. Drawing Excalibur from a scabbard where it would doubtless have remained sheathed in the face of a friendly offer, the target company typically hopes to obtain a temporary injunction which may frustrate the acquisition since the offering company may well decline the expensive gambit of a trial or, if it persists, the long lapse of time could so change conditions that the offer will fail even if, after a…

2Cases cited33 opinions

  1. Association of Data Processing Service Organizations, Inc. v. CampSupreme Court of the United States · 1970
  2. Brown Shoe Co. v. United StatesSupreme Court of the United States · 1962
  3. United States v. Philadelphia National BankSupreme Court of the United States · 1963
  4. Hamilton Watch Co. v. Benrus Watch Co., IncCourt of Appeals for the Second Circuit · 1953
  5. United States v. El Paso Natural Gas Co.Supreme Court of the United States · 1964

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3Cited by74 opinions

  1. Fed. Sec. L. Rep. P 96,589 Jo v. Seibert v. Sperry Rand Corporation and James D. FinleyCourt of Appeals for the Second Circuit · 1978
  2. Kennecott Copper Corporation v. Curtiss-Wright CorporationCourt of Appeals for the Second Circuit · 1978
  3. R.C. Bigelow, Inc. v. Unilever N v. Thomas J. Lipton, Inc., Celestial Seasonings, Inc., and Kraft, Inc.Court of Appeals for the Second Circuit · 1989
  4. Consolidated Gold Fields PLC v. Minorco, S.A.Court of Appeals for the Second Circuit · 1989
  5. Fed. Sec. L. Rep. P 96,877 Seaboard World Airlines, Inc. v. Tiger International, Inc.Court of Appeals for the Second Circuit · 1979

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