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ASH v. G. P. PUTNAM'S SONS

Civ. A. No. 75-3591.

410 F.Supp. 1129 (1976)

Richard A. ASH and Cletus P. Lyman, on behalf of themselves and all similarly situated shareholders of G. P. Putnam's Sons v. G. P. PUTNAM'S SONS and MCA Inc.

United States District Court, E. D. Pennsylvania.

As Amended April 9 and May 25, 1976.

Attorney(s) appearing for the Case

Lyman & Ash, Philadelphia, Pa., for plaintiffs.

Dechert Price & Rhoads, Philadelphia, Pa., for defendants.

MEMORANDUM

GORBEY, District Judge.

This suit was instituted on December 15, 1975, by two shareholders of G. P. Putnam's Sons (Putnam), allegedly on behalf of themselves and shareholders of Putnam entitled to vote at a shareholders' meeting which was held on December 18, 1975. At the meeting, a proposal was adopted upon favorable vote of the holders of more than two-thirds of Putnam's stock to merge Putnam with the wholly owned subsidiary of MCA, Incorporated...

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