In February 1990, Drexel Burnham Lambert filed for bankruptcy amid a lot of controversy. Shares chief Arthur Kirsch hoped to keep its high-performance 600-person team intact. Will he be able to find a company that would take on such a massive steel band? Competitors have already moved to entice its stars, but Kirsch did not want to see the group split. Can he keep a sufficient core intact and attractive corporate groom to make an offer? How could he maintain high morale and good communication within their group while he negotiated? What company wants to Kirch group? Which company is best suited culturally? That it was a collective market value of the existing business climate in the period after the collapse of Drexel in? And if Kirsch could pull off such a deal, the group will follow him? "Hide
by Boris Groysberg, Anahita Hashemi, Brendan Reed Source: Harvard Business School 22 pages. Publication date: April 17, 2006. Prod. #: 406107-PDF-ENG
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