Legal Opinion
Crane Company, an Illinois Corporation, and v. Briggs Manufacturing Company, a Michigan Corporation, And
Court of Appeals for the Sixth Circuit
Decided June 10, 1960No. 14244PublishedCited by 23 opinions
1Per curiam
Briggs Manufacturing Company sued Crane Company in the District Court for treble damages and injunctive relief under Sections 4 and 16 of the Clayton Act (15 U.S.C.A. §§ 15, 26). Briggs alleged that Crane had violated Section 7 of the Clayton Act, 15 U.S.C.A. § 18 in making purchases of shares of Briggs common stock.
Section 7 prohibits the acquisition of the assets or stock of one company by a competitor where the result would be a substantial lessening of commerce or the tendency to monopoly.
From August 25, 1959 until May 10, 1960 Crane purchased approximately 22% of the outstanding shares…
2Cases cited5 opinions
- Hamilton Watch Co. v. Benrus Watch Co., IncCourt of Appeals for the Second Circuit · 1953
- American Crystal Sugar Company v. The Cuban-American Sugar CompanyCourt of Appeals for the Second Circuit · 1958
- American Crystal Sugar Co. v. Cuban-American Sugar Co.District Court, S.D. New York · 1957
- Hamilton Watch Co. v. Benrus Watch Co.District Court, D. Connecticut · 1953
- Briggs Manufacturing Company v. Crane Co.District Court, E.D. Michigan · 1960
3Cited by23 opinions
- Continental Oil Company v. The Frontier Refining CompanyCourt of Appeals for the Tenth Circuit · 1964
- Allis-Chalmers Manufacturing Company v. White Consolidated Industries, Inc.Court of Appeals for the Third Circuit · 1969
- John Mihalchak v. American Dredging CompanyCourt of Appeals for the Third Circuit · 1959
- Ocean Spray Cranberries, Inc. v. PepsiCo, Inc.Court of Appeals for the First Circuit · 1998
- United States v. Ingersoll-Rand CompanyDistrict Court, W.D. Pennsylvania · 1963
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