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N V F COMPANY v. SHARON STEEL CORPORATION

Civ. A. No. 68-1478.

294 F.Supp. 1091 (1969)

N V F COMPANY, a Delaware corporation, Plaintiff, v. SHARON STEEL CORPORATION, a Pennsylvania corporation, George Perrault, Jr., an individual, and Kenneth O. Swanson, an individual, Defendants.

United States District Court W. D. Pennsylvania.

January 22, 1969.

Attorney(s) appearing for the Case

Ralph H. Demmler, Walter T. McGough, Reed, Smith, Shaw & McClay, Pittsburgh, Pa., for defendants.

Malcolm Anderson, Phillip A. Faix, Jr., Griggs, Moreland, Blair & Anderson, Pittsburgh, Pa., for plaintiff.

OPINION

DUMBAULD, District Judge.

Defendant, Sharon Steel Corporation, is apparently about to be gobbled up in one of the "conglomerate mergers" so prevalent today. One potential acquisitor is plaintiff, NVF, connected with the enterprises of one Victor Posner. Another is Cyclops, another steel company. The management of defendant, perhaps rightly, favors Cyclops, and opposes NVF so resolutely that it wishes to have no part in forwarding NVF's efforts, even...

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