Legal Opinion

Texasgulf, Inc. v. Canada Development Corporation

District Court, S.D. Texas

Decided September 5, 1973No. Civ. A. 73-H-1056PublishedCited by 16 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

SEALS, District Judge.

The attempted acquisition of Texas-gulf, Inc. by the Canada Development Corporation, through the use of a public tender offer, came as a complete surprise and shock to the target company, according to the secure and well entrenched management of Texasgulf. Although the acquiring company, the Canada Development Corporation (CDC), did, and understandably so, plan and execute in secret and in haste their tender offer, it is somewhat surprising that Texasgulf was so surprised. Especially is this true when the evidence in the case indicates that…

2Cases cited20 opinions

  1. Brown Shoe Co. v. United StatesSupreme Court of the United States · 1962
  2. Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
  3. United States v. Aluminum Co. of AmericaCourt of Appeals for the Second Circuit · 1945
  4. International Bankers Life Insurance Co. v. HollowayTexas Supreme Court · 1963
  5. Fed. Sec. L. Rep. P 94,041 Sonesta International Hotels Corporation v. Wellington AssociatesCourt of Appeals for the Second Circuit · 1973

15 more not listed; retrieve them via the Exa API.

3Cited by16 opinions

  1. Securities and Exchange Commission v. Savoy Industries, Inc. Appeal of S. Mort ZimmermanCourt of Appeals for the D.C. Circuit · 1978
  2. Fed. Sec. L. Rep. P 98,731 Arnold S. Wellman v. Fairleigh S. Dickinson, Jr.Court of Appeals for the Second Circuit · 1982
  3. Wellman v. DickinsonDistrict Court, S.D. New York · 1979
  4. Scott v. Multi-Amp CorporationDistrict Court, D. New Jersey · 1974
  5. Transcon Lines v. A. G. Becker Inc.District Court, S.D. New York · 1979

11 more not listed; retrieve them via the Exa API.

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