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DART INDUSTRIES INC. v. CONRAD

Civ. A. No. IP 78-709-C.

462 F.Supp. 1 (1978)

DART INDUSTRIES INC. and Dart Holdings Inc. v. Larry A. CONRAD, Raymond Hafsten, Theodore L. Sendak, and P. R. Mallory & Co. Inc.

United States District Court, S. D. Indiana, Indianapolis Division.

Findings of Fact and Conclusions of Law November 17, 1978.

Final Judgment November 17, 1978.

Memorandum December 5, 1978.

Attorney(s) appearing for the Case

Russel H. Beatie, Jr., Dewey, Ballantine, Bushby, Palmer & Wood, New York City, James B. Capehart and Harry Gonso, Bingham, Summers, Welsh & Spilman, Indianapolis, Ind., for plaintiffs.

Melvyn L. Cantor, New York City, James A. McDermott, James A. Strain, Robert H. Jerry, II, Barnes, Hickam, Pantzer & Boyd, Indianapolis, Ind., for defendant P. R. Mallory & Co. Inc.

Larry A. Conrad, Secretary of State, Raymond Hafsten, Securities Commissioner, Theodore L. Sendak, Atty. Gen. of Indiana, William G. Mundy, Asst. Atty. Gen., Indianapolis, Ind., for defendants.

MEMORANDUM

Plaintiffs, Dart Industries Inc. and its subsidiary, Dart Holdings Inc., brought this action in connection with their efforts to take over defendant P. R. Mallory & Co. Inc. through a cash tender offer to Mallory's shareholders. This was an action for a declaratory judgment, pursuant to 28 U.S.C. § 2201 (1976), declaring the Indiana Business Take-Over Act, Ind.Code §§ 23-2-3-1 through 12, and the Delaware Tender Offers Act, Del.Code...

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