District Court, S.D. New York January 25, 1977, 76 Civ. 5454 (Applied Digital Data Systems Inc. v. Milgo Electronic Corp.)

EDWARD WEINFELD, District Judge.

\ Familiarity is assumed with this Court’s decision of January 3, 1977, which granted plaintiff’s motion to enjoin consummation ¡ of a proposed sale of 312,000 shares of Mil-go Electronic Corp. (“Milgo”) common stock to Racal Electronics Limited (“Racal”) upon the terms set forth therein.

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Since that time a series of events have occurred.