Hanna Mining Co. v. Norcen Energy Resources Ltd.
District Court, N.D. Ohio
1Opinion of the Court
MEMORANDUM OF OPINION
MANOS, District Judge.
On April 5,1982 plaintiffs, Hanna Mining Company, (hereinafter, Hanna), Carl E. Nickels, Jr., Executive Vice President and a member of Hanna’s Board of Directors and John Gurgle, an employee of Hanna and former beneficial., owner of seventy (70) shares of Hanna stock, filed the above-captioned case to enjoin a proposed tender offer by the defendant, Norcen Energy Resources Limited, (hereinafter, Norcen), for fifty-one (51) percent of Hanna’s issued and outstanding common stock because Norcen and defendants, Conrad M. Black, Chairman of Norcen’s Board…
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