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UNITED STATES v. CONTINENTAL CAN CO.

No. 367.

378 U.S. 441 (1964)

UNITED STATES v. CONTINENTAL CAN CO. ET AL.

Supreme Court of United States.

Decided June 22, 1964.

Attorney(s) appearing for the Case

Ralph S. Spritzer argued the cause for the United States. On the brief were Solicitor General Cox, Assistant Attorney General Orrick, Lionel Kestenbaum and Arthur J. Murphy, Jr.

Helmer R. Johnson argued the cause for appellees. With him on the brief was Mark F. Hughes.

MR. JUSTICE WHITE delivered the opinion of the Court.

In 1956, Continental Can Company, the Nation's second largest producer of metal containers, acquired all of the assets, business and good will of Hazel-Atlas Glass Company, the Nation's third largest producer of glass containers, in exchange for 999,140 shares of Continental's common stock and the assumption by Continental of all the liabilities of Hazel-Atlas. The Government brought this action seeking a judgment...

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