1 / 41

Friendly Takeover

Friendly Takeover. SAP AG Products. In October 2007, SAP AG announced the friendly takeover of Business Objects. AT&T History.

rhoslyn
Download Presentation

Friendly Takeover

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Friendly Takeover https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  2. SAP AG Products • In October 2007, SAP AG announced the friendly takeover of Business Objects https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  3. AT&T History • In 2013, the Spanish Government would have dampened a friendly takeover attempt of AT&T on Telefónica, valued in 122,000 million euros. Such an impediment would be justified in the strategic nature of the company and AT&T would have taken a step backward. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  4. Green • Greenmail. A term used in finance and corporate takeovers. It refers to the practice of a company paying a high price to buy back shares of its own stock to prevent an unfriendly takeover by another company or businessman. It originated in the 1980s on Wall Street, and originates from the green of dollars. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  5. Square Enix - Corporate history • *August 29, 2008 - Square Enix made plans for a friendly takeover of Tecmo by purchasing shares at a 30 percent premium with a total bid of 22.3 billion yen. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  6. Sony Pictures Entertainment - History • On October 31, 1989, Sony completed a friendly takeover bid for the rest of shares (51%) of CPE, which was a public company listed on the New York Stock Exchange (NYSE: KPE), and acquired 99.3% of the common stocks of the company https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  7. Rio Tinto Alcan - Takeover • On July 12, 2007, Alcan announced a friendly takeover deal with England|Anglo-Australian mining giant Rio Tinto Group|Rio Tinto, worth $38.1 billion USD https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  8. Takeover - Friendly takeovers • A friendly takeover is an acquisition which is approved by the management. Before a bidder makes an tender offer|offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recommends the offer be accepted by the shareholders. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  9. Merger - Acquisition • An additional dimension or categorization consists of whether an acquisition is Takeover#Friendly takeovers|friendly or Hostile takeover|hostile. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  10. SAP NetWeaver Business Warehouse - History • SAP acquired Business Objects, one of the premier business intelligence software providers, via tender offers executed December 2007-January 2008.[ http://www.sap.com/about/investor/bobj/index.epx SAP Acquires Business Objects in Friendly Takeover] SAP has indicated that Business Objects will operate as an independent entity to preserve the principle of application agnosticism, but also promised a tighter integration between SAP BI and Business Objects https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  11. CTV Two - A-Channel and CTV's takeover • On July 12, 2006, CTVglobemedia|Bell Globemedia announced a friendly takeover bid to buy CHUM Limited. The company initially intended to keep CHUM's City (TV network)|Citytv system, while divesting the A-Channel and Access (TV channel)|Access stations in order for the Canadian Radio-television and Telecommunications Commission (CRTC) to approve the acquisition. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  12. CTV Two Alberta - History • On July 12, 2006, CTVglobemedia announced that it would make a friendly takeover bid to buy CHUM Limited. Due to CTVglobemedia's plans to keep CTV Television Network|CTV and City (TV network)|Citytv, Rogers Communications was expected to purchase Access (along with CHUM's A (TV system)|A-Channel stations, CKX-TV in Brandon, Canadian Learning Television and SexTV: The Channel) as announced on April 9, 2007, pending CRTC approval (and approval of CTVglobemedia's purchase). https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  13. MARID - Background • * Proposals of an unfriendly takeover of Sender Policy Framework|SPF policies by Sender ID https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  14. Wyeth - 2000ndash;2009 • * In 2000, American Home Products lost a United States dollar|US$65 billion friendly takeover bid for rival drug company Warner-Lambert https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  15. Hudson's Bay Company • On 29 July 2013, the HBC announced a friendly takeover of Saks, Inc., operator of the Saks Fifth Avenue department store chain, which was completed on November 3, 2013.[http://finance.yahoo.com/news/hudsons-bay-completes-acquisition-saks-193823259.html Yahoo Finance, Hudson's Bay completes acquisition of Saks, November 4, 2013, 2:38 PM] https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  16. Ronald O. Perelman - Greenmail • Undeterred by the agreement he signed declaring he wouldn't attempt a hostile takeover of Gillette for at least 10 years, he waited until June 1987 to attempt a friendly takeover https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  17. History of Yahoo! - Acquisition attempt by Microsoft • On February 1, 2008, after its friendly takeover offer was rebuffed by Yahoo!, Microsoft made an unsolicited takeover bid to buy Yahoo! for $44.6 billion in cash and stock. Days later, Yahoo! considered alternatives to the merger with Microsoft, including a merger with Internet giant Google or a potential transaction with News Corp. However, on February 11, 2008, Yahoo! decided to reject Microsoft's offer as substantially undervaluing Yahoo!'s brand, audience, investments, and growth prospects. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  18. Bookrags.com • BookRags was founded in 1999 by James Yagmin and David Lieberman, who had recently graduated from college. On May 15, 2008, BookRags was bought by Ambassadors Group for $18 million. The mergers and acquisitions|merger was a Takeover#Friendly takeovers|friendly takeover. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  19. Puma SE - Takeover by PPR • On 10 April 2007 French retailer and owner of Gucci brand PPR (company)|Pinault-Printemps-Redoute (PPR) announced that it had bought a 27% stake in Puma, clearing the way for a full takeover. The deal values Puma at €5.3billion. PPR said that it would launch a friendly takeover for Puma, worth €330 a share, once the acquisition of the smaller stake was completed. The board of Puma welcomed the move, saying it was fair and in the firm's best interests. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  20. American Stores - Acquisition of Lucky Stores, Inc. • Within a month, American Stores proposed to up its bid if Lucky would agree to a friendly takeover https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  21. Alcoa • In May 2007 Alcoa made a US$27 billion hostile takeover bid for Alcan, aiming to unite the two companies and form the world's largest aluminum producer. The takeover bid was withdrawn after Alcan announced a White knight (business)|friendly takeover by Rio Tinto Group|Rio Tinto in July 2007. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  22. American Home Products - 2000ndash;2009 • * In 2000, American Home Products lost a United States dollar|US$65 billion friendly takeover bid for rival drug company Warner-Lambert https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  23. Non-voting stock - Takeover • There are consequences to not releasing voting rights to common shareholders; these include fewer supplicants for a friendly takeover, displeased shareholders as a result of the corporation’s limited growth potential, and difficulty finding bidders for additional non-voting shares in the market. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  24. SAP SE - Products • In October 2007, SAP SE announced the friendly takeover of Business Objects. This acquisition expanded SAP's Product Suite of Business Intelligence (BI) software and increased the customer installed base to 89,000.[http://www.sap.com/about/investor/bobj/index.epx SAP Global – Investor Relations: SAP Acquires Business Objects in Friendly Takeover]. Sap.com. Retrieved on 24 April 2011. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  25. Morris Hillquit - First mayoral campaign • As a member of the SP's National Executive Committee Hillquit worked closely with National Secretary Adolph Germer and James Oneal to defend the party from what in modern parlance might be described as an unfriendly takeover by its revolutionary socialist left wing https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  26. Vale Inco - Takeovers (2005–2006) • On October 11, 2005, Inco announced a friendly takeover bid to buy out the operations of longtime rival Falconbridge Ltd.|Falconbridge for $12 billion https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  27. Vale Inco - Takeovers (2005–2006) • Teck Cominco submitted a hostile takeover bid to purchase Inco on May 8, 2006 for $16 billion if it agreed to abandon its takeover of Falconbridge. On June 26 of the same year, Phelps Dodge submitted a friendly takeover bid to purchase a combined Inco and Falconbridge for around $40 billion; that offer was also withdrawn because of the failure of the Inco-Falconbridge merger. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  28. Mostek - The decline in the face of Asian competition • Mostek merged with United Technologies in 1979 to prevent an unfriendly takeover from Gould Electronics|Gould at the 10th anniversary of the company's founding, when a large block of stock options controlled by Sprague stock became vested https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  29. Gulf Oil - Demise • Pickens first privately offered $45 a share for a friendly takeover and then later made a $50 a share public offer when Cities' CEO rejected the friendly offer.[http://www.time.com/time/magazine/article/0,9171,925474-1,00.html Texas Style Takeover] Time: (June 21, 1982) Gulf forestalled Mesa's takeover attempt by offering $63 a share in a friendly offer which Cities (by then trading at $37) accepted.[http://www.time.com/time/magazine/article/0,9171,949510,00.html Upping the Ante] Time: (June 28, 1982) Cities then bought out Pickens for $55 a share https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  30. Hoya Corporation - History of Hoya-Pentax merger • On August 6, 2007, Hoya completed a friendly takeover bid for Pentax and acquired 90.59% of the company https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  31. World Sportscar Championship - 1993 demise • The success of the series lead to a friendly takeover by the FIA in 1997, becoming the FIA GT Championship https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  32. Koei Tecmo - Merger and reorganization • On August 28 Square Enix announced plans for a friendly takeover of Tecmo by purchasing shares at a 30 percent premium with a total bid of Japanese yen| 22.3 billion https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  33. John Smith's - 1970-present: Courage takeover and the growth of John Smith's Bitter • In October 1970, Courage purchased John Smith's in a friendly takeover worth £40million (£ in adjusted for inflation) https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  34. Paul S. Walsh - Grand Metropolitan • In February 1995 he participated in Grand Met's friendly takeover of Pet, Inc., the makers of Old El Paso branded Tex-Mex foods, for $2.6billion https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  35. Tecmo - Merger with Koei • On August 29, 2008 Square Enix made plans for a friendly takeover of Tecmo by purchasing shares at a 30 percent premium with a total bid of Japanese yen| 22.3 billion https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  36. Green & Black's - Idioms and expressions • * 'Greenmail'. A term used in finance and corporate takeovers. It refers to the practice of a company paying a high price to buy back shares of its own stock to prevent an unfriendly takeover by another company or businessman. It originated in the 1980s on Wall Street, and originates from the green of dollars. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  37. Acquisitions - Acquisition • Some public companies rely on acquisitions as an important value creation strategy.http://privatecompanymergers.com/four-companies-that-know-how-to-acquire/ An additional dimension or categorization consists of whether an acquisition is Takeover#Friendly takeovers|friendly or Hostile takeover|hostile. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  38. The Man with the Iron Fists (soundtrack) - Critical reception • Call it a friendly takeover https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  39. Barrick Gold - 1986 to 2005 • In a 1994 friendly takeover, American Barrick became the third largest gold mining company in the world when it acquired the Canadian mining company Lac Minerals, which owned properties in North and South America https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  40. College lacrosse - Division I Men's Lacrosse • This was a friendly takeover, as the two conferences had agreed in January 2014 to form a lacrosse alliance under which they would divide lacrosse sponsorship, with men's shifting to the SoCon and women's remaining with the A-Sun. https://store.theartofservice.com/the-friendly-takeover-toolkit.html

  41. For More Information, Visit: • https://store.theartofservice.com/the-friendly-takeover-toolkit.html The Art of Service https://store.theartofservice.com

More Related