Crane Co., a Delaware Corporation v. Coltec Industries, Inc. And the B.F. Goodrich Company

JACOBS, Circuit Judge:

In anticipation of possible merger negotiations, plaintiff-appellant 'Crane Co. and defendant-appellee Coltec Industries, Inc. entered into a confidentiality agreement prohibiting each party from participating in certain types of uninvited initiatives related to corporate control of the other, and requiring each to notify the other if approached by a third party interested in undertaking those same initiatives. Crane’s complaint alleges that Coltec violated the agreement by engaging in (ultimately successful) merger negotiations with defendant-appellee The B.F. Goodrich…