Even customers who do not hold corporate shares strongly support targeted corporations in some cases of hostile takeover attempts
. In the cases of the attempts targeting Seibu Holdings and Hanshin Electric Railway Co.
Now Michael Byng, who led a takeover attempt
of CCFC last summer which he claims had backing from Chinese investors, has announced his interest in securing the option to buy 50 per cent of ACL from CCFC Ltd.
There have been some major mergers and takeover attempts
recently that made big news, most notably the failed AT&T/T-Mobile deal.
Kroenke's imminent takeover attempt
is the worst kept secret in town but the American has remained tight-lipped about his plans.
Delta Two's pounds 10.6 billion takeover proposal in July 2007 foundered, as did a previous takeover attempt
by private equity firm CVCs.
Meantime, however, the company was the target of a takeover attempt
by a group of investors which had amassed a 7.1% stake.
However both strongly opposed Ryanair's first takeover attempt
SAN FRANCISCO: Microsoft Corporation's directors met to consider raising the software maker's $41.9 billion bid for Yahoo instead of pursuing a hostile takeover attempt
, reports said.
The software maker is also in the midst of a $41 billion unsolicited takeover attempt
CNET Networks' (San Francisco, CA) board of directors has adopted a stockholders rights plan, or "poison pill," in response to a takeover attempt
led by investment firm JANA Partners (New York).
It also follows a momentous year for the exchange, in which it fought off a hostile takeover attempt
from US rival Nasdaq and bought Milan-based Borsa Italiana to become Europe's biggest exchange business.
This was the second takeover attempt
for Sainsbury's this year.