SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TLAB info?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Thomas Haegin who wrote (3618)9/11/1998 12:25:00 PM
From: Chuzzlewit  Read Replies (1) of 7342
 
Thomas, those are not the people that tend to walk. Generally a hostile takeover results in the removal of some top management (these are the guys responsible for the problems) but good management is retained. The idea is to clear out the dead wood. Engineers and designers are generally not affected by such moves. If this is an R&D company, then these are the folks TLAB would want to retain and believe me, they would make sure they are very happy.

Remember, too, that the whole idea behind poison pills is to protect the jobs of top management, not to protect shareholders or employees. Calling these provisions "shareholders' rights" is the ultimate irony because they tend to keep potential purchasers away. Remember, in a hostile takeover shareholders are asked to tender their shares at prices which are generally a significant premium over the market (remember the ITT Hilton-Starwood case?)

In any event, the market is acting as if the deal has a better than even chance of being dead.

TTFN,
CTC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News