![]() "You're going to strategize as to what your next move will be and, more importantly, what your opponent's next move will be and how you'll respond," says Patricia Koval. Specialized expertise is needed to assist in-house managers, most of whom are not skilled in hostile takeover bids. ![]() ![]() Most public companies threatened with an overthrow of management -either from the inside by a proxy fight or the outside from a hostile takeover bid -require a well-trained team of experts from law firms, investment banks, proxy solicitors, public relations firms, management and special board committees.
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