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Business Associations Keyed to Bainbridge
Zetlin v. Hanson Holdings, Inc.
Citation:397 N.E.2d 387 (1979)
Plaintiff Zetlin owned approximately 2% of the outstanding shares of Gable Industries, Inc., with defendants Hanson Holdings, Inc., and Sylvestri together with members of the Sylvestri family, owning 44.4% of Gable’s shares. The defendants sold their interests to Flintkote Co. for $15 per share, at a time when Gable was selling on the open market for $7.38 per share.
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