In July 2006, Barracuda ended up being the biggest investor in Tarco International. In a conference with management, Barracuda's handling director recommended that strong steps required to be taken to enhance running efficiency.
The board inquired FD to put together extensive research study on the Tarco's investor base, investor understanding of the business and management efficiency, predictive ballot on possible proxy propositions, and methods utilized by Barracuda in previous activist engagements. Equipped with this information, the board needed to choose exactly what actions to take, if any, to keep Barracuda at bay and guarantee that Tarco maintained the assistance of its financiers.
Sharks in the Water Battling an Activist Investor for Corporate Control (A) case study solution
PUBLICATION DATE: February 01, 2010 PRODUCT #: CG20A-HCB-ENG
This is just an excerpt. This case is about ORGANIZATIONAL DEVELOPMENT