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DATA PROBE ACQUISITION CORP. v. DATATAB, INC.

No. 83-Civ. 5272.

568 F.Supp. 1538 (1983)

DATA PROBE ACQUISITION CORP., and Data Probe, Inc., Plaintiffs, v. DATATAB, INC., Sanford C. Adams, Lee D. Gallaher, John L. Lobel, CRC Information Systems, Inc., and CRC Acquisition Corp., Defendants.

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

August 16, 1983.

Attorney(s) appearing for the Case

Kass, Goodkind, Wechsler & Labaton, New York City, for plaintiffs; Stuart D. Wechsler, Joel Feffer, Lawrence A. Sucharow, John Riley, New York City, of counsel.

Putney, Twombly, Hall & Hirson, New York City, for defendants; Allen E. Burgoyne, Francis E. Lake, Jr., New York City, of counsel.

SOFAER, District Judge:

Plaintiffs Data Probe Acquisition Corp., and its parent Data Probe, Inc., (collectively "Data Probe"), brought this action under the Williams Act, 15 U.S.C. §§ 78m(d), (e) and 78n(d)-(f) (1976), to enjoin a corporate merger between defendant corporations, Datatab, Inc. and CRC Acquisition Corp., a wholly-owned subsidiary of CRC Information Systems, Inc. ("CRC"), because defendants allegedly entered into unlawful option and indemnity...

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