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CRANE COMPANY v. BRIGGS MANUFACTURING COMPANY

No. 14244.

280 F.2d 747 (1960)

CRANE COMPANY, an Illinois corporation, Defendant and Appellant, v. BRIGGS MANUFACTURING COMPANY, a Michigan corporation, Plaintiff and Appellee.

United States Court of Appeals Sixth Circuit.

June 10, 1960.

Attorney(s) appearing for the Case

James E. Tobin, Richard B. Gushee, Detroit, Mich., for appellant.

Monaghan, Monaghan & Crawmer, Detroit, Mich., and Joseph W. Louisell, Detroit, Mich., for appellee.

Before MARTIN, WEICK and O'SULLIVAN, Circuit Judges.

PER 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...

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