District Court, D. Delaware June 27, 1983, Civ. A. 83-13 (Schreiber v. Burlington Northern, Inc.)

OPINION

LATCHUM, Chief Judge.

The term “manipulation” as used in Section 14(e) of the Williams Act, 15 U.S.C. § 78n(e), has defied precise definition. The Act itself does not delineate its scope nor has the Securities and Exchange Commission (“SEC”) prescribed its exact meaning in its rules and regulations.