Strategic Management Journal 1982
Corporate vulnerability to cash tender offers
Abstract
This paper reports and discusses empirical results of a study which examines why some firms are attacked via unfriendly tender offers and other firms are not. The evidence indicates that target firms' managers ineffectively plan and/or implement business strategy, thus increasing their vulnerability to takeovers.
- DOI
- 10.1002/smj.4250030302
- Sources
- openalex