Pacific Realty Trust v. Apc Investments

685 F.2d 1083 Fed. Sec. L. Rep. P 98,790 PACIFIC REALTY TRUST, Plaintiff-Appellee, v. APC INVESTMENTS, INC.; American Pacific Corporation; Campeau Corporation; Campeau U. S.; The Pacific Company; John E. Wertin; and Robert Campeau, Defendants-Appellants. No. 82-3023. United States Court of Appeals, Ninth Circuit. Argued and Submitted March 8, 1982. Decided Aug. 27, 1982. Gregory Smith, Irell & Manella, Los Angeles, Cal., argued, for defendants-appellants; Mildred J. Carmack, Schwabe, Williamson, Wyatt, Moore & Roberts, Portland, Or., Kenneth R. Heitz, Los Angeles, Cal., on brief. Barnes H. Ellis, Stoel, Rives, Boley, Frasure & Wyse, Portland, Or., for plaintiff-appellee. Appeal from the United States District Court for the District of Oregon. Before TRASK, CHOY and SCHROEDER, Circuit Judges. CHOY, Circuit Judge: 1 APC Investments, Inc., appeals from an order permanently enjoining it from proceeding with its tender offer to the shareholders of Pacific Realty Trust (PacTrust). The district court held that the proposed tender offer violated § 14(e) of the Securities Exchange Act of 1934, as added by the 1968 Williams Act amendments, 1 and that supplemental disclosure…