Legal Opinion
WLR Foods, Inc. v. Tyson Foods, Inc.
District Court, W.D. Virginia
Decided June 21, 1994No. Civ. A. 94-012-HPublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION
MICHAEL, District Judge.
Tyson Foods, Inc. (Tyson) has commenced a hostile attempt to takeover WLR Foods, Inc. (WLR). WLR has filed suit seeking a declaratory judgment affirming various measures undertaken by WLR to defend against Tyson’s takeover attempt. Tyson has counterclaimed, asserting that such measures are illegal and that the Virginia statutory scheme regulating hostile takeover attempts is unconstitutional.
The only issues before the court at this time are whether WLR’s Board of Directors properly set the record date to determine which shareholders may vote in the…
2Cases cited5 opinions
- Blackwelder Furniture Company of Statesville, Inc. v. Seilig Manufacturing Company, Inc.Court of Appeals for the Fourth Circuit · 1977
- Reliance Electric Co. v. Emerson Electric Co.Supreme Court of the United States · 1972
- Dan River, Inc. v. IcahnCourt of Appeals for the Fourth Circuit · 1983
- Gold v. SloanCourt of Appeals for the Fourth Circuit · 1973
- WLR Foods, Inc. v. Tyson Foods, Inc.District Court, W.D. Virginia · 1994
3Cited by3 opinions
- WLR Foods, Inc. v. Tyson Foods, Inc.District Court, W.D. Virginia · 1994
- WLR Foods, Inc. v. Tyson Foods, Inc.District Court, W.D. Virginia · 1994
- Willard ex rel. Moneta Building Supply, Inc. v. Moneta Building Supply, Inc.Bedford County Circuit Court · 1998