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PARKER v. TELEGIFT INTERNATIONAL, INC.

No. 12941.

505 P.2d 301 (1973)

29 Utah 2d 87

Wayne M. PARKER and David A. Johns, Plaintiffs and Appellants, v. TELEGIFT INTERNATIONAL, INC., Defendant and Respondent.

Supreme Court of Utah.

January 4, 1973.

Attorney(s) appearing for the Case

Joel M. Allred, Salt Lake City, for plaintiffs and appellants.

Thomas R. Blonquist, Salt Lake City, for defendant and respondent.

ELLETT, Justice:

The facts of this case can be stated in substance as follows:

The plaintiffs were hired by Corporation "C." Corporation "B" bought all of the outstanding stock of Corporation "C." Corporation "A" (the defendant herein) then bought all of the outstanding stock of Corporation "B." None of the assets of either Corporation "B" or Corporation "C" was transferred out of the owning corporation. The plaintiffs now are suing Corporation "A," which...

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