Knights, Raiders, and Targets The Impact of the Hostile Takeover

Dramatic as the corporate takeovers of recent years have been, it is far from clear what underlying forces are at work, and what their long-term consequences will be. This book represents one of the first sustained efforts to examine the complex issues surrounding the corporate takeover. Based on papers presented at a symposium sponsored by Columbia Law School's Center for Law and Economic Studies, it airs new theories and offers vital insights into events that have become central to American corporate culture.