Richard Monroe, Time Inc. 's chairman and CEO, have to respond to the hostile offer, from communication Paramount. Paramount due to its proposal to repeal the Times plans to merge with Warner Communications. Months before hostile Paramount, Time announced its plans to merge with Warner after careful consideration of a comprehensive list of possible partners, including Paramount. Council approved the Munro to merge with Warner, because the two companies have conducted a wide range of additional assets. If time kept their plans to merge with Warner, while shareholders were to give at least $ 175 per share in cash, and possibly longer. On the other hand, the merger with Paramount was not part of a long-term strategy of Time. Munro must recommend an action plan to the Council at its extraordinary session. Che ecase written from the point of view Managers Time. Managers must confront Time Paramount bid? "Hide
by Lisa Meulbroek Source: Harvard Business School 21 pages. Publication Date: April 14, 1993. Prod. #: 293117-PDF-ENG
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