Opinion ID: 760887
Heading Depth: 5
Heading Rank: 1

Heading: Specific Proposal

Text: 29 Under Fischer II, the requirement of a specific proposal is intended to assure that serious consideration is not found to occur before a proposal is sufficiently concrete to support consideration by senior management. The proposal, however, does not need to be in final form. When the district court found serious consideration not to have occurred until January 23, 1991, it did not find that the three factors had coalesced until a finalized proposal was put before the Management Committee. This is contrary to not only the thrust, but also the very language of the Third Circuit's discussion of the first factor. Just as IBM may be said to have formulated a particular plan under the Muse test on or before October 4, 1990, it was working with a proposal which was specific enough to support consideration by senior management as of that date. 30