Samjens Partners I v. Burlington Industries, Inc.
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
KRAM, District Judge.
Plaintiff Samjens Partners I (“Samjens”) is a partnership which as of May 5, 1987 owned approximately 13 percent of Burlington’s outstanding common stock. Plaintiff Samjens Acquisitions Corporation is a wholly owned subsidiary of Samjens. On May 6, 1987, Samjens commenced a tender offer for all shares of Burlington Industries, Inc. common stock at $67 per share. Subsequently, Samjens has raised its offer twice: to $72 and then $77 per share.
Defendant Burlington is a textile manufacturer incorporated in Delaware. Defendants BI/MS Holdings, Inc.…
2Cases cited7 opinions
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
- Unocal Corp. v. Mesa Petroleum Co.Supreme Court of Delaware · 1985
- Jack Kahn Music Co., Inc. v. Baldwin Piano & Organ CompanyCourt of Appeals for the Second Circuit · 1979
- Zion v. KurtzNew York Court of Appeals · 1980
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- Cottle v. Storer Communication, Inc.Court of Appeals for the Eleventh Circuit · 1988
- In Re Integrated Resources, Inc.United States Bankruptcy Court, S.D. New York · 1992
- In Re 995 Fifth Avenue Associates, L.P.United States Bankruptcy Court, S.D. New York · 1989
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