Legal Opinion

Elco Corporation v. Microdot Inc.

District Court, D. Delaware

Decided June 6, 1973No. Civ. A. 4605PublishedCited by 20 opinions

1Opinion of the Court

OPINION

STAPLETON, District Judge:

I. THE BACKGROUND.

On March 6, 1973, Microdot Investing Inc., a Delaware corporation, (“Microdot Investing”) made a tender offer for shares of common stock of Elco Corporation, a Pennsylvania corporation, (“Elco”). Microdot Investing is a wholly owned subsidiary of Microdot Inc., a Delaware corporation, (“Microdot”), and was formed by Microdot for the purpose of acquiring and holding Elco common stock. Elco’s common stock is listed on the American Stock Exchange. There are approximately 1,461,000 common shares outstanding which are held by approximately 3,500…

2Cases cited28 opinions

  1. Brown Shoe Co. v. United StatesSupreme Court of the United States · 1962
  2. United States v. Swift & Co.Supreme Court of the United States · 1932
  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. E. I. Du Pont De Nemours & Co.Supreme Court of the United States · 1957

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3Cited by20 opinions

  1. Ruth Panter v. Marshall Field & Co., Richard Weiss v. Marshall Field & Co.Court of Appeals for the Seventh Circuit · 1981
  2. Federal Trade Commission v. Weyerhaeuser CompanyCourt of Appeals for the D.C. Circuit · 1981
  3. Copperweld Corporation v. ImetalDistrict Court, W.D. Pennsylvania · 1975
  4. Alaska Interstate Company v. McMillianDistrict Court, D. Delaware · 1975
  5. Northern Natural Gas Co. v. United States Department of EnergyDistrict Court, D. Delaware · 1979

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