Manes MERRIT, Lee Kaplan, Milton Fisher, Jane W. McCune, Frank Czerwinski and Helen L. Goldstein as Custodian for Sydney David Goldstein, Plaintiffs,
v.
LIBBY, McNEILL & LIBBY, Universal Food Specialties, Inc., Nestle Alimentana, S.A., Douglas B. Wells, Stafford Campbell, Herbert C. Cornuelle, Eric R. Gabus, Gerard J. Cogniat, David E. Guerrant, Lyndle W. Hess, Frank W. Hoch, Alexander A. Robichek, John C. Sluder, Alfred E. Sulzer, Maynard P. Venema, Theodore Waldesbuhl, the Nestle Company, Inc., Inveslac, Inc., Unilac, Inc. and Lehman Brothers, Incorporated, Defendants.
United States District Court, S. D. New York.https://leagle.com/images/logo.png
January 26, 1981.
January 26, 1981.
Attorney(s) appearing for the Case
Kass, Goodkind, Wechsler & Labaton, New York City (Stuart D. Wechsler, Edward Labaton, Joseph Sternberg, New York City, of counsel), for plaintiff Manes Merrit.
Nemser & Nemser, New York City (Stanley Nemser, Norman Nemser, New York City, of counsel), Kreindler & Kreindler, New York City (Ronald Litowitz, New York City, of counsel), for plaintiffs Lee Kaplan, Frank Czerwinski and Helen Goldstein.
Mayer, Brown & Platt, New York City (Everett L. Hollis, Patrick W. O'Brien, Chicago, Ill., Matthew A. Rooney, New York City, of counsel), White & Case, New York City (Thomas F. Kiernan, Richard Reinthaler, Dwight Healy, New York City, of counsel), for Libby, McNeill & Libby.
Cravath, Swaine & Moore, New York City (Allen F. Maulsby, Thomas J. Sweeney, III, Ellen T. Lowenthal, New York City, of counsel), for Nestle S.A., UFS, The Nestle Co., Inc.
Simpson, Thacher & Bartlett, New York City (Nancy McKenna, New York City, of counsel), for Lehman Bros.
United States District Court, S. D. New York.
OPINION
OWEN, District Judge.
The five consolidated actions before me1 have their common origin in (1) the tender offer made by Universal Food Specialties, Inc. ("UFS"), a wholly-owned subsidiary of Nestle Alimentana, S.A. ("Nestle"), pursuant to a written offer to purchase dated May 29, 1975, to acquire all of the outstanding common stock of Libby, McNeil & Libby ("Libby") and all of the outstanding Libby 5% Convertible...
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