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METRO-GOLDWYN-MAYER INC. v. TRANSAMERICA CORPORATION

No. 69 Civ. 3296.

303 F.Supp. 1344 (1969)

METRO-GOLDWYN-MAYER INC., Plaintiff, v. TRANSAMERICA CORPORATION, Transamerica Financial Corporation, Tracy Investment Company and Kleiner-Bell & Co., Inc., Defendants.

United States District Court S. D. New York.

August 2, 1969.

Attorney(s) appearing for the Case

Davis, Polk & Wardwell, New York City, for plaintiff; Lawrence E. Walsh, Thomas P. Griesa, Bartlett H. McGuire, and Harrison J. Goldin, New York City, of counsel.

Royall, Koegel & Wells, New York City, for defendant Transamerica Financial Corp., Caesar L. Pitassy, New York City, of counsel.

Paul, Weiss, Goldberg, Rifkind, Wharton & Garrison, New York City, for defendant Tracy Investment Co.; Arthur J. Goldberg, and Martin Kleinbard, New York City, of counsel.

Goldfeld, Charak, Brown, Tolins & Lowenfels, New York City, for defendant Kleiner-Bell & Co., Inc.; Lewis D. Lowenfels, and Francis C. Brown, Jr., New York City, of counsel.

MANSFIELD, District Judge.

Metro-Goldwyn-Mayer Inc. ("MGM"), a Delaware corporation having its principal place of business in New York, is the target of efforts by Tracy Investment Company ("Tracy"), a Nevada corporation having its principal place of business in Las Vegas, to acquire working control of MGM through a cash tender offer of $35 per share to MGM stockholders for 1,000,000 MGM shares (listed on the New York...

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