How the fuck does this happen?

The 1% assholes take whatever the fuck they want.

THAT'S how it happens.

Greedy cunts think they can do whatever they want when ever

[quote]After that, Allergan will assess the offer and decide whether to negotiate or reject it. Interestingly, Allergan has a provision in its governing documents called a constituency provision, which allows its board to take into account interests other than shareholders’ — like workers’ — when considering an offer. Allergan will probably rely on this provision to give it latitude to reject Valeant and Pershing Square’s bid, perhaps even raising the fact that Valeant is a Canadian company. Even without this defense, though, the law is clear that Allergan’s board can turn down this offer on the grounds that it undervalues the company.

[quote]Allergan will probably resist for a while to buy time to find another deal or force Valeant and Pershing Square to pay a higher price, but the defense may be futile if Valeant and Pershing Square continue their pursuit.

Do they can turn down the takeover? Sorry, I'm confused and don't know much about this kind of thing.

Anyone?

Shoulderpads at dawn!

Allergan makes Restasis®, the dry eye treatment with those annoying TV commercials.

That chronically dry-eyed ophthalmologist who is their spokesdoc is Stepford-y looking to me.

Reason enough not to buy Allergan!

Any news on this? Curious what DL'ers think may happen.

In the US, nothing. If the shareholders are happy with the offer then you get taken over.

This happened in the UK when Kraft took over Cadburys and promised to retain jobs that were going to Poland. The Cadburys staff backed the takeover bid. Kraft lied and the jobs went to Poland. Kraft did fuck all with Cadburys and just wanted to stifle competition.

Pfizer wants to take over AstraZeneca to save tax. This time the UK govt. may step in if Pfizer persists. It is tired of having to raid its coffers to pay unemployment money just so the 1% can go on golfing jollies. There are limits to the benefits of free trade and those limits usually start with speculators and tax loopholes.

OP,

Yes, they can get out of it if they find another company, a "white knight," that wants to buy them at a price prohibitive to the hostile buyer.

Or they can offer shares to people (that they want owning their shares) at a steep discount.

This is the price you pay for issuing stock instead of issuing bonds.

Would America be better if there were no stock market?

R10,

No because all of the investor's money--including the money in your pension/401k--would immediately go to the other stock markets of the world.

Then American companies who need liquid assets to expand, hire more workers, build more offices wouldn't be able to do that. Unemployment ensues.

Well, what if there were no stock market anywhere in the world, R11?

They are Card-carrying cunts!

What do you think will actually happen with this?

Bill Ackman, who was in my college class, is the most aggressive billionaire hedge-fund manager on Wall Street right now. He is very bold about taking over companies whether hostile or no.

He's a very handsome guy. That picture at OP's link does not do him justice. He has stunning blue eyes and a nice build.

Better picture of Bill Ackman.

Another good photo of Ackman, emphasizing his beautiful eyes.

Jimmy Wolk could play Ackman.

I want to be Bill Ackman's fuckboy.

Allergan makes OTC dry eye drops. Don't buy them. You can cure dry eye simply by eating shellfish or any pink-colored fish 3x per week; sockeye salmon, crab, lobster, jumbo shrimp, prawns -- wild-caught only, not farm-raised.

r17 I don't give a fuck about Ackman's 'beautiful' soul-less blue eyes.

He's a parasite.

Assholes taking over companies and loading them with debt is what is putting brick and mortar stores out of business much more than the rise of the internet. There might have been a downturn but they wouldn't all be going out of business if they weren't saddled with the debt so people like Mitt Romney can take them out while making out like bandits.

Eat the Rich.

This is a very old thread.

h3's ok

Jesus Christ, only on DL could you find breathless posts about the “beautiful blue eyes” of a scum sucking 1%er. R15 would probably gush over which concentration camps guards were the hottest at Auschwitz.