KAPLAN, J.
In December, 1986, the plaintiff Codman & Shurtleff, Inc. (C & S), a subsidiary of Johnson & Johnson, had 800 employees and $60 million in revenues; Magnetic Corporation of America (MCA), another subsidiary, had but one employee and was no longer in business. On December 29, 1986, the two corporations were combined. C & S continued to do business under its own name, the MCA employee being added to its payroll. On grounds that need not be...
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