A potential merger between two leading stores has prompted them to call a third party multiple-issue negotiation exercise, an activist investor hedge fund. Company will decide what move has to be made next. However the company cannot make a lot of decisions because of fear of takeover. This is due to weak takeover defenses of corporate boards, hedge fund ownership position in both the leading department stores. And there is also lack of trust between the two leading stores. Meanwhile the hedge fund is planning its next move.
PUBLICATION DATE: July 02, 2015 PRODUCT #: 916011-HCC-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION