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Livedoor's bid was bankrolled by Lehman Brothers.Why is there such hostility towards hostile bids?
Berkshire traditionally stays away from hostile bids.
"Hostile bids are destructive," he said.
Banks are hesitant about making hostile bids for each other.
The continent's corporate culture is still mostly against hostile bids.
Since 1990, there have been 222 hostile bids in Europe.
Indeed, as recently as 2002, worldwide there were only 15 hostile bids of $500m or more.
America is not always receptive to hostile bids, especially when the target is a national icon.
As a result, there have been few successful hostile bids in the past few years.
The poison pill was invented in the 1980s to fend off hostile bids.
Hostile bids, the corporate kingdom's way of culling feeble stock, are in favour again (see article).
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