Ohio Court of Appeals August 9, 1990, Case 89AP-574 (Mansfield Plumbing Products, Inc. v. OBES)

BOWMAN, J.

Prior to January 1,1987, the Clevepak Corporation was a business owned and operated in Ohio by Eagle Industries Pursuant to a plan of reorganization, an agreement was executed on January 31,1987, whereby Mansfield Plumbing and Clevaflex, two separate divisions of Clevepak, became wholly owned subsidiaries of Eagle Industries By virtue of this agreement, which became effective on