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But the bank is still struggling to reduce risk on its books, which together with the costly takeover of the Dutch bank ABN Amro at the peak of the market led to the government bailout.
Lehman's costly takeover of the apartment owner in 2007 — the leveraged buyout was valued at $22 billion — is widely seen as one of the events that led to the investment bank's collapse during the financial crisis.
Mr. Duffield, who is also a billionaire thanks in part to Oracle's costly takeover of PeopleSoft, acknowledges that Workday now has less than 1 percent of Oracle's revenue, but said "that's 99 percent to go".
They have dismissed Mr. Obama's promises that his plan will be fully paid for through offsetting spending cuts or increased taxes, and have cast the plan as a costly takeover of health care by the government.
The retailer said second-quarter profits tumbled 76.7%, undercut by a costly takeover.
The retailer said second-quarter profits tumbled 76.7%, undercut by a costly takeover, but shares of the company still rose, likely because investors believe the firm remains a good buyout target.
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"It is easier and cheaper for partnerships to develop, compared with the costly and cumbersome takeover processes used by the private sector.
But realising such savings requires full control, since only then is it possible to do things such as merging trading floors ie, saving money by closing one.Buying the 34.9% of Paribas's shares that it did not gain on August 6th should not be as costly as making its takeover offer, since BNP will not have to pay a premium for control.
Their collapse in 2008 triggered a government takeover and a costly bail-out.
The takeover has been costly both for Quebecor, which is struggling with a heavy debt load, and for the Caisse, which has written off half its investment of 2.2 billion Canadian dollars.
It's going to be a more costly undertaking, as Vodafone's $180 billion takeover of Mannesmann illustrates.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com