Legal Opinion
O'Connor & Associates v. Dean Witter Reynolds, Inc.
District Court, S.D. New York
Decided December 30, 1981No. 81 Civ. 1354(MEL)PublishedCited by 55 opinions
1Opinion of the Court
LASKER, District Judge.
On March 5, 1981, the board of directors of Amax, Inc. (“Amax”) announced publicly that Standard Oil of California, Inc. (“So-cal”) had made a proposal, conditioned on approval of the Amax board, to acquire the equity interest in Amax not already owned by Socal at a price of approximately $78.50 a share, nearly double the then-current market price of $38.50 per share. The total value of Socal’s offer was approximately four billion dollars, making it the largest takeover bid in history at the time it was announced. Simultaneous with the announcement of the proposal, the…
2Cases cited20 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Pepper v. LittonSupreme Court of the United States · 1939
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Chiarella v. United StatesSupreme Court of the United States · 1980
- Piper v. Chris-Craft Industries, Inc.Supreme Court of the United States · 1977
15 more not listed; retrieve them via the Exa API.
3Cited by55 opinions
- Michael E. Moss v. Morgan Stanley Inc., E. Jacques Courtois, Jr., Adrian Antoniu, and James M. Newman, Morgan Stanley Inc. And James M. NewmanCourt of Appeals for the Second Circuit · 1983
- United States v. Robert ChestmanCourt of Appeals for the Second Circuit · 1991
- In re Consumers Power Co. Securities LitigationDistrict Court, E.D. Michigan · 1985
- Moss v. Morgan Stanley Inc.District Court, S.D. New York · 1983
- Friedman v. Arizona World Nurseries Ltd. PartnershipDistrict Court, S.D. New York · 1990
50 more not listed; retrieve them via the Exa API.