No way out, at least not an easy one
Article Abstract:
A number of problems can potentially arise when institutional shareholders begin to seek an exit from a management buyout deal. Areas of difficulty include shareholders no longer involved in the business and lack of clarity between institutional shareholders and management about the aim of the initial investment. Management teams must be clearly aware of the aims and expectations of their capital-providing parties, as well as the specific exit timing needs of these parties. A successful exit relies on open communication between managers and institutional shareholders.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1999
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Before the flood
Article Abstract:
Public-to-private deals, in the UK, have not been very popular because they can be time consuming and costly for the company making the bid which risks being outbid by another company. Once public-to-private deals become more frequent the procedures are likely to become easier to manage. Offeror companies can reduce the possibility they may lose the target company by arranging to buy large shareholders' shares before the offer document is released. Some target companies may be willing to agree to pay part of the offerors costs if a better deal is accepted.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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