Question: L&T has termed its acquisition move as non-hostile, while Mindtree called it as first hostile takeover in the 50-year-old unblemished Indian IT industry. What

L&T has termed its acquisition move as "non-hostile", while Mindtree called it as "first hostile takeover" in the 50-year-old unblemished Indian IT industry. "What do you believe it was? Can some benefits accrue out of a hostile takeover? Critically discuss your answers.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

L&T has termed its acquisition move as ''non-hostile'', while Mindtree called it as ''first hostile takeover'' in the 50-year-old unblemished Indian IT industry. What do you believe it was? Can some...

Please don't upload text from google (copy paste) L&T has termed its acquisition move as "non-hostile", while Mindtree called it as "first hostile takeover" in the 50-year-old A unblemished Indian IT...

Current Attempt in Progress On December 31, 2020, Ste-Anne Corp. obtained a 10-year, 5%, $320,000 mortgage loan from a bank to finance the purchase of a building in the future. The terms provide for...

16 25points Exhibit 9-1 The Happy Cereal Company includes a permian in each box of its cereal. For sox premiums, customers are entitled to a plastic wiggle worm that costs Happy $2.8 each. Happy...

L&T's Hostile Takeover of Mindtree: Is there Value for Shareholders The Origin: The idea of Mindtree came by chance, Krishnakumar Natarajan says in a video on the making of the company. He had...

1. What could the companies have done to avoid the cultural misunderstandings that led to their break-up? 2. What challenges would be in store for both the companies now that the partnership is...

Satyam Computers, winner of the Golden Peacock Award for excellence in corporate governance, ironically became a noted failure in the history of governance in India when Ramalinga Raju, founder and...

In the case "H. J. Heinz M&A" what is the financial analysis of the case? Please explain the financials. Send only a word file with the tables of financials and the explanation of each financial. I...

what is the diameter of the rivet if the length of the snap headrivet is 100 mm and the thickness is 50mm A. 43.64mm B.40.26mm C.53.76mm D.41.67mm

You are scheduled to receive $21,500 in three years. When you receive it, you will invest it for seven more years at 9.5 percent per year. How much will you have in ten years?

Comments and Summary Based on your feview of work paper 5 - 1 , list one or two ratos in each of the following categonies that you beleve increase the fik of potertal mistademert. Explain why you...

The force constant of a massless spring is 2 5 . 0 N / m . A mass of 0 . 4 5 kg is oscillating in simple harmonic motion at the end of the spring

The main types of questions are closed, open ended, probes and reflection. Questions to avoid are leading, multiples or taboo questions.

Introduce a working definition which reflects the general nature of leadership? LOP1

What options are there for achieving the target, what impact might each have, and which would you recommend and why?