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IN THE MATTER OF CTS CORP.

Nos. 2-1280-A-430, 2-181-A-27.

428 N.E.2d 794 (1981)

In the matter of Cts Corporation and Dynamics Corporation of America. Cts Corporation, Appellant, v. STEPHEN M. COONS, Securities Commissioner of the State of Indiana, and Dynamics Corporation of America, Appellees.

Court of Appeals of Indiana, Second District.

December 2, 1981.

Attorney(s) appearing for the Case

Stephen C. Sandels, Gary L. Prior, McDermott, Will & Emery, Chicago, Richard E. Deer, James A. Strain, Claudia V. Swhier, Renee R. Mawhinney, Barnes, Hickam, Pantzer & Boyd, Indianapolis, for appellant CTS Corp.

Linley E. Pearson, Atty. Gen., Eric M. Cavanaugh, Deputy Atty. Gen., Indianapolis, for appellee Stephen M. Coons, Securities Commissioner of the State of Indiana.

Ambrose Doskow, Joseph Zuckerman, Naomi G. Litvin, Rosenman, Colin, Freund, Lewis & Cohen, New York City, Richard J. Darko, Bayh, Tabbert & Capehart, Indianapolis, for appellee Dynamics Corp. of America.

BUCHANAN, Chief Judge.

CASE SUMMARY

CTS Corporation (CTS) appeals from the determination of the Securities Commissioner of the State of Indiana (Commissioner) that Dynamics Corporation of America (DCA) had not engaged in any act or practice constituting a violation of the Indiana Business Take-Over Offers Act (I.C. 23-2-3-1 et seq.) with respect to DCA's acquisition of CTS stock, claiming, inter alia, that the Commissioner's conclusion is not supported...

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