Court of Appeals for the Seventh Circuit December 14, 1995, 95-1952 & 95-2028 (Central States, Southeast and Southwest Areas Pension Fund, Cross-Appellee v. The Sherwin-Williams Company)

EASTERBROOK, Circuit Judge.

Between 1987 and 1990 a subsidiary of The Sherwin-Williams Company owned 100% of the stock of Lyons Group, a motor carrier. Lyons was a losing proposition for Sherwin-Williams (as we call the firm and its subsidiaries, collectively), which not only lost money on operations but also sold the stock for less than it paid.