ST Alpha - "Of course, but this was an acquisition that he essentially orchestrated not for the best interests of the company, but for his own." (Reading a Post)

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Of course, but this was an acquisition that he essentially orchestrated not for the best interests of the company, but for his own.

Posted by pmb (aka pmb) Nov 18 '14, 15:48

It's essentially a new version of a hostile takeover and has the feel of the old corporate raiders. This wasn't a company seeking to improve itself, it was a company defending itself. He put the company in play and forced the board to sell.

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[deleted] 1
- Again, yes. I'm just trying to make the point about why this "feels different". He wasn't really looking to be the purchaser (though he was willing - pmb Nov 18, 15:58
How is this different than the 'old' version of the hostile takeover? -- nm - Ender Nov 18, 15:51 1
- Really, it just never got that far. And there's a reasonable chance it wouldn't have (it's expensive and there are often defenses available to the - pmb Nov 18, 16:00

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Of course, but this was an acquisition that he essentially orchestrated not for the best interests of the company, but for his own.

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