The Takeover Dialogues: A Discussion of Hostile Takeovers [Paperback]

Edmund Kelly (Author)

Book Description

Publication Date: January 28, 2001

A longtime critic of hostile cash takeovers of large corporations, Edmund Kelly believed that if the organized insincerity of advisors and corporate control entrepreneurs in the tight knit takeover community was told, this alone would contribute to a decline in the acceptance of the hostile bid as an acquisition method. Copies of The Takeover Dialogues were purchased primarily in 1988 by investment and commercial banking and corporate law firms, executives and business libraries. Prominent uninvited cash takeover bids averaged 17 a year for the period 1985 - 1988. There were 6 in 1989 and 2 in 1990. For the years 1991 -1999 they averaged 1.2 a year.In these carefully reasoned dialogues, Edmund Kelly also examines the impact of corporate raids on the business community and society. Kelly believes the ideal corporation translates capital and human energy into a community service institution that is ultimately greater than the sum of its parts.This book raises important questions of public policy about issues affecting the institutions upon which we all depend for our continued prosperity. It is important reading for anyone concerned about the future of corporate business in a capitalistic society.

Editorial Reviews

About the Author

A New York corporate lawyer and co-author in 1967 of the seminal study on corporate takeover defense tactics, Edmund Kelly created the first fair price charter clause, versions of which are now adopted in the corporation law of more than twenty States. The original poison pill was copied from the fair price clause. Kelly advised the winner in Wall Streets two most legendary fights, B.F. Goodrich warding off Northwest Industries and McDermott gaining control of Babock & Wilcox from rival United Technologies.

Product Details

• Paperback: 184 pages
• Publisher: iUniverse (January 28, 2001)
• Language: English
• ISBN-10: 0595163661
• ISBN-13: 978-0595163663
• Product Dimensions: 9 x 6 x 0.4 inches
• Shipping Weight: 12 ounces (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #2,974,644 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

5.0 out of 5 stars Brilliant Review of Hostile Takeover Strategies, June 7, 2005

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takeover pro "professional in takeovers" (New York) - See all my reviews

This review is from: Takeover Dialogues: A Discussion of Hostile Takeovers (Paperback)

This fascinating book is ready-made for law school or business school courses in corporate governance or m&a. The dialogue format is especially suitable as stimulating background for further class or seminar discussion and research. This book is as current now as when first published in 1987: way ahead of its time and a testament to the eminence and ability of the author as one of the foremost experts and inventors in the field of hostile takeovers. His authority was recognized by Harvard University, which houses his collection of news and files on hostile takeovers going back to 1969 in the Historical Collections department of Baker Library, Harvard Graduate School of Business Administration.