Legal Opinion

Dynamics Corp. of America v. WHX Corp.

District Court, D. Connecticut

Decided June 17, 1997No. 3:97 CV 702 (GLG)Published

1Opinion of the Court

GOETTEL, District Judge.

MEMORANDUM AND ORDER

This matter comes before the Court on defendants WHX Corporation and SB Acquisition Corporation’s (collectively “WHX”) motion for a preliminary injunction, seeking an order requiring plaintiff Dynamics Corporation of America (“DCA”) to exempt the WHX tender offer from the DCA shareholder Rights Plan and from N.Y.B.C.L. § 912(b). These parties earlier appeared before this Court on a motion by DCA for a preliminary injunction, which was granted on April 29, 1997. For the reasons discussed below, WHX’s instant motion (document #54) is DENIED.

FACTS

The…

2Cases cited11 opinions

  1. Jackson Dairy, Inc. v. H. P. Hood & Sons, Inc.Court of Appeals for the Second Circuit · 1979
  2. Auerbach v. BennettNew York Court of Appeals · 1979
  3. Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
  4. Paramount Communications Inc. v. QVC Network Inc.Supreme Court of Delaware · 1994
  5. Hanson Trust PLC v. ML SCM Acquisition Inc.Court of Appeals for the Second Circuit · 1986

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