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RAYBESTOS-MANHATTAN, INC. v. HI-SHEAR INDUSTRIES

No. 80 C 2730.

503 F.Supp. 1122 (1980)

RAYBESTOS-MANHATTAN, INC., Plaintiff, v. HI-SHEAR INDUSTRIES, INC., Defendant.

United States District Court, E. D. New York.

December 16, 1980.

Attorney(s) appearing for the Case

Milbank, Tweed, Hadley & McCloy, New York City (Russell E. Brooks, New York City, of counsel), for plaintiff.

Cahill, Gordon & Reindel, New York City (David R. Hyde, W. Leslie Duffy, Patricia Farren, Joseph W. Muccia, Charles A. Gilman, P. Kevin Castel, New York City, of counsel), for defendant.

MEMORANDUM AND ORDER

NICKERSON, District Judge.

Plaintiff Raybestos-Manhattan, Inc. ("Raybestos") moves under Rule 65 of the Federal Rules of Civil Procedure for a preliminary injunction enjoining until final adjudication of this action the tender offer of defendant Hi-Shear Industries, Inc. ("Hi-Shear") for 900,000 shares of Raybestos common stock and any further acquisition or voting by defendant of Raybestos common stock. Defendant cross-moves under Rules...

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