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SYMINGTON WAYNE CORP. v. DRESSER INDUSTRIES, INC.

No. 532, Docket 31529.

383 F.2d 840 (1967)

SYMINGTON WAYNE CORPORATION, W. T. Thornton, Jr., and Emil Kortchmar, Plaintiffs-Appellants, v. DRESSER INDUSTRIES, INC., Defendant-Respondent.

United States Court of Appeals Second Circuit.

Decided July 31, 1967.

Attorney(s) appearing for the Case

Geoffrey M. Kalmus, New York City (Hays, Sklar & Herzberg, New York City, on the brief), for plaintiffs-appellants.

John Logan O'Donnell, New York City (Olwine, Connelly, Chase, O'Donnell & Weyher, New York City, on the brief), for defendant-respondent.

Before LUMBARD, Chief Judge, MOORE, Circuit Judge, and DIMOCK, District Judge.

LUMBARD, Chief Judge:

The plaintiffs, Symington Wayne Corporation (Symington), a Maryland corporation whose stock is traded on the New York Stock Exchange, and two of its stockholders, appeal from the denial by Judge Bonsal in the Southern District of New York of a preliminary injunction against a tender offer by Dresser Industries, Inc. (Dresser), a Delaware corporation whose stock is also traded on the New York Stock Exchange, for 400,000 shares of Symington stock...

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