(Bloomberg) Hostile bids are never easy but the success of the bitterly contested takeover of U.K. engineer GKN Plc shows that the effort can still pay off even in today’s highly politicized M&A climate.The winning buyer, Melrose Industries Plc, has sent a shot across the bows of all poorly performing companies in the U.K. That is no bad thing.
An $11 Billion Victory for Hostility (and Hedge Fund Arbs)
This entry was posted in Syndicated. Bookmark the permalink.