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EDWIN J. SCHOETTLE CO. APPEAL

390 Pa. 365 (1957)

Edwin J. Schoettle Co. Appeal.

Supreme Court of Pennsylvania.

October 7, 1957.

Attorney(s) appearing for the Case

Edwin P. Rome, with him Blank, Rudenko & Klaus, for appellant.

J.B.H. Carter, with him David E. Abrahamsen, Pepper, Bodine, Frick, Scheetz & Hamilton and Townsend, Elliott & Munson, for appellee.

Before JONES, C.J., BELL, CHIDSEY, MUSMANNO, ARNOLD, JONES and COHEN, JJ.

OPINION BY MR. JUSTICE BENJAMIN R. JONES, October 7, 1957:

This is an appeal from a judgment entered upon an arbitrator's award in a proceeding under the Act of 1927.1

In June 1954 the Edwin J. Schoettle Co., a Pennsylvania corporation, and its six subsidiaries were available for purchase. Lester L. Kardon, interested in purchasing the company and five of its subsidiaries, opened negotiations for that purpose. The negotiations...

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