Irving STARKMAN, M.D., Trustee of the Irving Starkman, M.D., S.C. Defined Benefit Pension Fund and Trust, on behalf of himself and all others similarly situated, Plaintiff-Appellant,
v.
MARATHON OIL COMPANY, an Ohio corporation, H.D. Hoopman, C.H. Barre, V.G. Beghini, H.H. Hering, and W.E. Swales, Defendants-Appellees.
United States Court of Appeals, Sixth Circuit.https://leagle.com/images/logo.png
Argued January 22, 1985.
Decided September 13, 1985.
Attorney(s) appearing for the Case
Lawrence Walner, Lawrence Walner & Associates, Chicago, Ill., Larry A. Temin, Strauss, Troy & Ruehlmann Co., Cincinnati, Ohio, Edward Slovick, argued, James Gordon, Chicago, Ill., for plaintiff-appellant.
Murray S. Monroe, Cincinnati, Ohio, John M. Newman, John W. Edwards, Ill, Robert R. Weller, John L. Strauch, argued, Cleveland, Ohio, James T. Griffin, Michael P. Mullen, William J. Raleigh, Chicago, Ill., for defendants-appellees.
Before MERRITT and KENNEDY, Circuit Judges, and PECK, Senior Circuit Judge.
United States Court of Appeals, Sixth Circuit.
MERRITT, Circuit Judge.
Like Radol v. Thomas,772 F.2d 244 (6th Cir.1985), this action arises out of U.S. Steel's November, 1981 acquisition and eventual merger with Marathon Oil Company. The plaintiff here, Irving Starkman, was a Marathon shareholder until selling his shares on the open market for $78 per share on November 18, 1981, the day before U.S. Steel's tender offer for 51% of Marathon's outstanding shares at $125 per...
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