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By James L. Forney
buy yo u r com pany and do things just
about
the same as you w ould. The
aiders. W hite Knights. Poison
Poison P ill causes the purchased
Pills. No, these are not the
com pany to be w o rth less i f it is sold.
makings o f the latest adventure movie This is done by w ritin g special
from H ollyw ood. T hey’re terms that
contracts that go in to effect when a
describe business takeovers.
T he gobbling-up o f one com pany by
another happens a ll the tim e fo r many
reasons. C om pany A wants to open a
new store but doesn't want the hassle o f
certain num ber o f shares are bought or
setting one up. C om pany B wants a
sold
new line o f products but doesn’t want
Are corporate takeovers good or
to take the tim e to invent one.
bad? rh e re ’s no easy answer to that
C om pany C just wants to avoid having
one. Som e p eople th in k m ore
com petition that sells sim ilar products.
c o m p e titio n b e n e fits co nsum ers.
The answer fo r each o f these
M aybe so, but if there were no
companies is to take over and co n tro l
corporate Raiders. W hite K nights.and
another company. O ften this saves time
Poison Pills, the w orld o f business
o r helps the com pany to gain other
w ould be boring.
advantages over their com petitors. A
corporate takeover battle can occur if
Sponsored By
the com pany being purchased doesn't
want to be bought o r feels that the price
is n \ high enough. This is where those
Raiders and W hite Knights come in.
Raiders are people w ho want to buy
yo u r com pany and do terrible things to
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it ju st to benefit th e ir com pany. W ho
are the W hite Knights? They want to
R
cu stom e r/ka ste m a r/ n. a: one that purchases a
commodity or service b. one that is a patron (as of a
restaurant) or that uses the service (as of a store.)
Begin a great day
with breakfast at
PÒRT
K
id s COUPOH SPECIAL: One egg,
cooked ju s t the way you like it, one strip
o f bacon, and your choice o f toast and
hash browns, OR three dollar size pancakes.
99
Coupon good through Auq. 15 1985
Valid for KIDS 12 AND UNDER only.
With Coupon
Reg. $1.29
FM OO
WHO
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And have fun.
Color your menu.
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