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NEWELL CO. v. VERMONT AMERICAN CORP.

No. 89 C 5202.

725 F.Supp. 351 (1989)

NEWELL CO., a Delaware corporation, Plaintiff, v. VERMONT AMERICAN CORPORATION, a Delaware corporation, and Lee B. Thomas, Jr., Defendants.

United States District Court, N.D. Illinois, E.D.

October 13, 1989.

Attorney(s) appearing for the Case

Walter C. Greenough, Frederick J. Sperling, Yvonne E. Mena and Jonathan H. Margolies, Schiff, Hardin & Waitee, Chicago, Ill., for plaintiff.

Stephen D. Alexander and Diana Tabacopoulos, Fried, Frank, Harris, Shriver & Jacobson, Los Angeles, Cal., Alan S. Rutkoff, William P. Schuman and Kenneth A. Grady, McDermott, Will & Emery, and Tyrone C. Fahner, Herbert L. Zarov and Michael J. Alter, Mayer Brown & Platt, Chicago, Ill., for defendants.

MEMORANDUM OPINION AND ORDER

ZAGEL, District Judge.

This dispute arises out of plaintiff Newell Company's ("Newell"), attempts to obtain a significant stake in Vermont American Corporation. Defendants are Vermont American and, Lee Thomas, Jr., Chairman of the Board of Directors of Vermont American (collectively referred to as "Vermont American" or the "Board"). Although Vermont American has been a public corporation since 1966, it has several characteristics...

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