Legal Opinion

Ash V. G. P. Putnam's Sons & MCA Inc.

District Court, E.D. Pennsylvania

Decided March 18, 1976No. Civ. A. No. 75-3591Published

1Opinion of the Court

MEMORANDUM

GORBEY, District Judge.

This suit was instituted on December 15, 1975, by two shareholders of G. P. Putnam’s Sons (Putnam), allegedly on behalf of themselves and shareholders of Putnam entitled to vote at a shareholders’ meeting which was held on December 18, 1975. At the meeting, a proposal was adopted upon favorable vote of the holders of more than two-thirds of Putnam’s stock to merge Putnam with the wholly owned subsidiary of MCA, Incorporated (MCA). On December 19, 1975, a certificate of merger was filed with New York authorities, and Putnam is now a wholly owned subsidiary of…

2Cases cited5 opinions

  1. Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
  2. Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
  3. Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
  4. Richard A. ASH, on Behalf of Himself and All Similarly Situated Shareholders of LFE Corporation, Appellant, v. LFE CORPORATION, AppelleeCourt of Appeals for the Third Circuit · 1975
  5. DiVito v. GreensteinDistrict Court, E.D. Pennsylvania · 1972

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