Hostile takeover

From Mises Wiki, the global repository of classical-liberal thought
Jump to: navigation, search

A hostile takeover is the buying out of a company with the intent to oust the management team. According to Amar Bhide, hostile takeovers "are in fact an example of capitalism at its best. The typical raider breaks up unwieldy conglomerates into their more sensible constituent businesses — without sacrificing the long term, firing good managers, or inflicting great pain on rank-and-file employees."[1]

References

  1. Bhide, Amar (January 1989). "In Praise of Corporate Raiders". Policy Review: 21-23. http://www.unz.org/Pub/PolicyRev-1989q1-00021.