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BUFFALO FORGE CO. v. OGDEN CORP.

Cal. Nos. 1441, 1602, Dockets 83-7199, 83-7211.

717 F.2d 757 (1983)

BUFFALO FORGE COMPANY, Ampco-Pittsburgh Corporation, and Ampco-Pittsburgh Securities II Corporation, Plaintiffs-Appellants, Cross-Appellees, v. OGDEN CORPORATION, Defendant-Appellee, Cross-Appellant, and David R. Newcomb, Raymond J. Popp, Thomas W. Burke, Edward W. Duffy, John R. Gregory, and Frederick S. Pierce, Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided September 22, 1983.

Certiorari Denied December 12, 1983.

Attorney(s) appearing for the Case

Jay Topkis, New York City (Paul, Weiss, Rifkind, Wharton & Garrison, Jack Hassid, Colleen McMahon and Andrew J. Peck, New York City, of counsel), for plaintiffs-appellants, cross-appellees Buffalo Forge Company, et al.

John L. Warden, New York City (Sullivan & Cromwell, David B. Tulchin, William L. Farris and Lori F. Damrosch, New York City, of counsel), for defendant-appellee, cross-appellant Ogden Corp.

Vaughn C. Williams, New York City (Skadden, Arps, Slate, Meagher & Flom, Charles M. Yablon and Janet L. Goetz, New York City, of counsel), for defendants-appellees.

Before VAN GRAAFEILAND, PIERCE and WISDOM, Circuit Judges.

Certiorari Denied December 12, 1983. See 104 S.Ct. 550.

VAN GRAAFEILAND, Circuit Judge:

This appeal presents us with questions concerning the legality of management's attempts to thwart a corporate takeover where the bidder has made a financially unsatisfactory tender offer. The facts are set forth in detail in the district court's opinion reported in 555 F.Supp. at 892 and require only brief summarization herein.

In response to a tender offer of ...

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