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BUDGET MARKETING, INC. v. CENTRONICS CORP.

No. 92-1110.

979 F.2d 1333 (1992)

BUDGET MARKETING, INC., Appellant, v. CENTRONICS CORPORATION, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided November 23, 1992.

Attorney(s) appearing for the Case

Mark E. Schantz, Des Moines, Iowa, argued (John R. Mackaman, Mark E. Schantz and Gayla R. Harrison, on the brief), for appellant.

Wade R. Hauser III, Des Moines, Iowa, argued (H. Richard Smith and Wade R. Hauser III, on the brief), for appellee.

Before RICHARD S. ARNOLD, Chief Judge, LAY, Senior Circuit Judge, and LOKEN, Circuit Judge.

RICHARD S. ARNOLD, Chief Judge.

This action arises out of the breakdown in negotiations for the purchase of Budget Marketing, Inc., by Centronics Corporation. Budget Marketing's complaint included claims of breach of implied duty to negotiate in good faith, promissory estoppel, and negligent misrepresentation. Initially, the District Court1 granted Centronics' motion for summary judgment and...

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