Legal Opinion
Crane Co. v. Harsco Corp.
District Court, D. Delaware
Decided February 17, 1981No. Civ. A. 81-30PublishedCited by 10 opinions
1Opinion of the Court
OPINION
CALEB M. WRIGHT, Senior District Judge.
In this action, the Court must decide whether to enjoin consummation of a hostile tender offer. The target company, Harsco Corporation (“Harsco”), has moved for a preliminary injunction on the ground that the offeror, Crane Company (“Crane”), has violated federal securities laws in failing to make full disclosure to the shareholders. It further contends that the pending acquisition would contravene the antitrust laws. The Court finds these claims to be without merit, and denies the requested injunctive relief.
I. Factual Background
Crane’s efforts…
2Cases cited23 opinions
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- United States v. Philadelphia National BankSupreme Court of the United States · 1963
- Piper v. Chris-Craft Industries, Inc.Supreme Court of the United States · 1977
- United States v. E. I. Du Pont De Nemours & Co.Supreme Court of the United States · 1957
- Fed. Sec. L. Rep. P 94,041 Sonesta International Hotels Corporation v. Wellington AssociatesCourt of Appeals for the Second Circuit · 1973
18 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Alberta Gas Chemicals Limited and Alberta Gas Chemicals, Incorporated v. E.I. Du Pont De Nemours and Company, Du Pont Holdings, Inc., and Conoco IncCourt of Appeals for the Third Circuit · 1987
- Mann v. Oppenheimer & Co.Supreme Court of Delaware · 1986
- Crane Co. v. Harsco Corp.District Court, D. Delaware · 1981
- Koppers Co., Inc. v. American Exp. Co.District Court, W.D. Pennsylvania · 1988
- Beebe v. Pacific Realty TrustDistrict Court, D. Oregon · 1984
5 more not listed; retrieve them via the Exa API.