Companies to protect against hostile takeovers to protect their independence and current management initiatives and to ensure that hostile bidders are pressured to submit their best offers. The most important task for managers is to determine - in anticipation of an attack on their company - which is the best defense strategy to strengthen shareholder investment. Reviews motives for hostile takeovers, and discusses the consequences of popular defenses, and showcases several high-profile rate of absorption to provide a tool with a well-argued and empirically supported assessment of the main strategies that they can use to maximize shareholder wealth. "Hide
by Richard B. Robinson, Jr., John A. Pearce Source: Business Horizons 10 pages. Publication Date: September 15, 2004. Prod. #: BH107-PDF-ENG