the members of this group owned substantially in excess of 10% of the outstanding common stock of Bath Industries. Beginning March 31, 1969, Madison Fund and MAD International substantially increased their holdings of Bath preferred and common stock; however, these entities never filed the report required under the recent takeover amendments to the Exchange Act—a socalled Schedule 13D reflecting these purchases. In addition, Hambros Bank and various of its representatives, including other foreign banks, increased their holdings significantly. The piaintiffs, who are officers and directors of Bath Industries, filed a complaint alleging that the defendants failed to file a Schedule 13D with the Commission and that the attempt to obtain control of the Board was, therefore, illegal. The Court held that the defendants (including Hambro American Bank, Hambros Bank, Ltd., MAD International and Banque de Paris) constituted a "group" which acted together for the purpose of acquiring or holding the securities of Bath, as such group is defined by Section 13(d) (3) of the Exchange Act, and which beneficially owned, directly or indirectly, more than 10% of Bath common stock. The Court concluded that members of the group agreed to pool their voting interests in Bath and to act in secrecy to carry out their plans. Since a Schedule 13D filing was not made, the Court enjoined this attempt to take over Bath's Board of Directors. COMBINED HOLDINGS FOF PROP FUNDS LTD, IIT FUND, FONDITAL IA, TOS VENTURE FUND OF CANADA, IOS INTERNATIONAL VENTURE:S FUND, REGENTS FUND TOTAL NAME OUTSTANDING SHARES FUNDS HOLDING PERCNT + 5.02 0.06 2,77 0.0 2.49 n.19 6.94 AHK CORP 454465. 730. 5000. 3490. 500. 200C. 3500. 7700. 1900. 64071. 9048000. 0. 0. 0. 7644 OCO. 1300000. 131 7000. 52700CO. 0. 1285000. SIT RGT IIT WAG GRO IT IIT SIT GNM IIT MED COMRINEC HOLDINGS FOF PROP FUNDS LTD, TIT FUND, FORDITALIA, IOS VENTURE FUND OF CANADA, IOS INTERNATIONAL VENTURES FUND, REGENTS FUND OUTSTANDING FUNDS HOLDING 1256000, 6640000. 63C000. 505000. 898 000. 29900C. 09/25/69 PERCNT TOTAL NAME SPARES n. 40 1.83 0.30 1.23 0.13 ARCTIC ENTERPRISES AVATAN HIMF STEAD OILS CAP 5030. 350. 69400. 560. 5000. 1070. 0. IVN ALG RFL OG MER WAG WAG GRO RGT MER WLK 0. 2377000. COMBINED HOLDINGS FOF PROP FUNDS LTD, TIT FUND, FONDITALIA, IOS VENTURE FUND OF CANADA, IOS INTERNATIONAL VENTURES FUND, REGENTS FUND OUTSTANDING FUNDS HOLDING 07/25/69 PERCNT TOTAL NAME SHARES * 4.68 C.66 3.29 3.13 0.94 0.95 0.30 CANADIAN HYDROCARBONS LTO COM 100050. 31499. 56821. 209. 2000. 16000. 100. 4000. 8000. 21360CO. 0. 224005. 1185000. 7280CO. 0. 0. 845060. 1341000. 465000. RGT T RGT MER GRU MED ERO WAG HDG ALG ERO MGL IVN GRO COMBINED HOLDINGS FOF PROP FUNDS LTD, IIT FUND, FONDITALIA, IOS VENTURE FUND OF CANADA, IOS INTERNATIONAL VENTURES FUND, REGENTS FUND OUTSTANDING 2632000. 4400 00. 0. 0. 0. 0. 0. 0. 09125/69 PEPCNT, TOTAL SHAR ES NAME 1.54 0.39 2.01 3.96 DEL TONA CORP COM 4 0600. 700n. 9100. 700. 8200. 9200. 9000. 1500. 3100. 59900. 13300000. 0. 9871000. MED IIT IVN CVN HDG IIT ERO SLW OF A IIT IVN |
0 Atsauksmes Atsauksmes netiek pārbaudītas, taču Google meklē viltus saturu un noņem to, ja tāds tiek identificēts. Rakstīt atsauksmi |