Weisfeld v. Spartans Industries, Inc.

OPINION

TENNEY, District Judge.

This action arises out of the integration of the business of Spartans Industries, Inc. (hereinafter “Spartans”) (primarily engaged in the operation of retail stores, including forty-eight Korvette department stores and ninety-eight Spartan department stores) and the real estate development business of Arthur G. Cohen, Marshall Rose, Arthur Levien, Arlen Two Company, Arlen Properties, Inc. and Arlen Shopping Centers, Inc. (hereinafter jointly referred to as the “Arlen Group”) into a newly organized corporation, ARDC. Plaintiff’s complaint, in two counts, asserts…