Page 62 - The Case Lab Book
P. 62
CEO: Automobile Replacement Parts Company
Hostile Attack
The morning of the 10th December saw the CEO sitting at his desk
drinking a cup of coffee and examining the growth figures of the
company when his finance director barges in shouting that they have a
major problem – Continental was buying more shares and had already
added some 13.5% of total shares to their portfolio.
“This looks like the opening gambit of a hostile takeover! ”
1.Review finance director recommendations
2.Assess degree of threat
3.Take action to negate/minimise threat
4. Protect the future
What do you think of the CEO’s proposals