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Exact(49)
He, however, refused to rule out tabling a hostile offer.
ThyssenKrupp itself is a result of a hostile offer.
Coty said it had no intention of pursuing a hostile offer.
Once these tests are met in a hostile offer, the poison pill's use seems dubious.
"If there's a hostile offer for, say, Danone, the FSI will be ready," says an adviser.
Though Shell, known for being ultracautious, would be unlikely to make a hostile offer, Exxon must be tempted.
Similar(11)
The White House has said it will veto the move.Valeant, a Canadian drug company, made a $5.7 billion hostile offer for Cephalon, a smaller American rival, and gave notice it wanted its own people to sit on Cephalon's board.
The potential overhang of a Cadbury hostile offer was a key concern.
Opening a possible bidding war, Rio Tinto P.L.C., one of the world's leading iron ore producers, made a $1.67 billion hostile offer for North Ltd., an Australian rival in which it already holds a 14.5percentt stake.
After all, only a few years ago, in 2010, Air Products made a $5.9 billion hostile offer for Airgas.
Shares of Temple-Inland, the target of a $3.3 billion hostile offer by the International Paper Company, plunged on Tuesday after a lawsuit accused Temple-Inland of helping cause the failure of a Texas bank.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com