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GEARHART INDUSTRIES, INC. v. SMITH INTERN., INC.

Civ. A. No. 4-84-152-E.

592 F.Supp. 203 (1984)

GEARHART INDUSTRIES, INC., a Texas Corporation, et al. v. SMITH INTERNATIONAL, INC., a Delaware Corporation v. TEXAS AMERICAN/FORT WORTH, N.A., Trustee, et al.

United States District Court, N.D. Texas, Fort Worth Division.

June 5, 1984.

Attorney(s) appearing for the Case

Law, Snakard, Brown & Gambill by Thos. H. Law, Robert M. Randolph, Robert F. Watson, Fort Worth, Tex., Cantey, Hanger, Gooch, Munn & Collins by Robert S. Travis, Fort Worth, Tex., for plaintiff.

Fried, Frank, Harris, Shriver & Jacobson, Milton R. Ackman, Alan J. Russo, New York City, Kelly, Appleman, Hart & Hallman, Dee Kelly, Forth Worth, Tex., for plaintiff.

Shank, Irwin & Conant, Ivan Irwin, Jr., A.B. Conant, Jr., Robert B. Cousins, Jr., Brett A. Ringle, Dallas, Tex., Skadden, Arps, Slate, Meagher & Flom, New York City, Hughes, Hubbard & Reed, Los Angeles, Cal., for defendants.

Kilgore & Kilgore by W. Stephen Swayze, Robert M. Thornton, Dallas, Tex., for Gruss Partners.

MEMORANDUM OPINION

MAHON, District Judge.

On April 18, 1984 plaintiffs, Gearhart Industries, Inc., Marvin Gearhart, Troy P. Wakefield, Earl Collins and Donald E. Mahrt, on behalf of all owners of the Common Stock of Gearhart Industries, Inc., except Smith International, Inc. and Albert M. Birnie (hereinafter Gearhart), filed the above-captioned case to enjoin a proposed tender offer by the defendant, Smith International, Inc. (hereinafter, Smith) alleging...

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