FRIENDLY, Circuit Judge:
The plaintiff, Larchfield Corporation, is the successor in interest to two corporations both known as The Aspinook Corporation. The older of these ("Old Aspinook") was organized in 1938; the younger ("New Aspinook") was a consolidation, effectuated December 18, 1948, of Old Aspinook and two 50% owned subsidiaries, The Lawrence Print Works, Inc. and Arnold Print Works, Inc., pursuant to the settlement of a stockholders' derivative action in...
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