Innumerable management teams are caught off guard when their business becomes the target of a takeover. However, the management team of P knew what to do and had seen it all from the other side before. This challenge was viewed by them .
After refusing the EUR9.50 bid, Portugal Telecoms board formed a special committee to lead the defense strategy. However, the board also affirmed it wasn't saying no to a bargain: We wo't defend at any given price. We will act in the best interest of the shareholders, stated P's CFO, Zeinal Bava.
SONAECOM TAKEOVER OF PORTUGAL TELECOM (B) case study solution
PUBLICATION DATE: January 01, 2012 PRODUCT #: IMD653-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
