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MILLS v. ELECTRIC AUTO-LITE CO.

Nos. 75-1558, 75-1559.

552 F.2d 1239 (1977)

Elmer E. MILLS and Louis Susman, Plaintiffs-Appellants, Cross-Appellees, v. The ELECTRIC AUTO-LITE COMPANY et al., Defendants-Appellees, Cross-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided April 7, 1977.

Rehearing and Rehearing Denied June 3, 1977.

Attorney(s) appearing for the Case

Barnabas F. Sears, Arnold I. Shure, Alex Elson, Harry B. Reese, Aaron S. Wolff, Thomas L. Brejcha, Jr., Willard J. Lassers, Chicago, Ill., for plaintiff-appellants.

Jerold S. Solovy, Joan M. Hall, Alan L. Metz, Michael J. Rovell, Michael J. Place, and Jenner & Block, of counsel, Chicago, Ill., for appellees.

Before SWYGERT and CUMMINGS, Circuit Judges, and JAMESON, Senior District Judge.

Rehearing and Rehearing En Banc Denied June 3, 1977.

SWYGERT, Circuit Judge.

The principal issue in this appeal is whether the terms of a merger between Mergenthaler Linotype Company ("Mergenthaler") and the Electric Auto-Lite Company ("Auto-Lite") were fair to Auto-Lite's minority shareholders. We hold that the merger terms were fair and reverse the judgment of the district court.

I

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