Massengale v. Transitron Electronic Corp.

OPINION

GARRITY, District Judge.

This suit was initiated by McClellan & Burck, Inc. (“M & B”), which was formerly a corporation in the business of planning and effecting mergers of business corporations,1 against Transitron Electronic Corporation (“Transitron”) for violating alleged obligations to M & B arising out of an agreement between the defendant and Thermo King Corporation (“Thermo King”) pertaining to the acquisition of Thermo King by the defendant. The complaint as amended alleges that the defendant wrongfully prevented the consummation of the proposed acquisition and thereby prevented…