Written by the first woman director of the Gillette Company, this is an exciting first-hand account of Gillette's successful fight against four hostile takeover efforts during the late 1980s. After a brief, insightful history of the company and the growth of its world-famous products-Gillette razors and blades; Braun coffee machines and electric razors; Oral-B toothbrushes; Paper Mate, Waterman, and Parker pens; and cosmetics-the author tells the inside story of Ronald Perelman's three attempts and the Coniston Partners' one attempt to take over Gillette. Ricardo-Campbell, who chaired Gillette's Finance Committee during this period, provides a fascinating look at the ensuing proxy battles and other intricate financial maneuvers. Combining academic theory and first-hand experience in its discussion of topics such as greenmail and poison pills, this work also features such world-renowned corporate figures as Warren Buffett, Joe Flom, and Eric Gleacher.
Inhaltsverzeichnis
Introduction
November 1986: In Play
The Gillette Company: Brief History
The Takeover Climate: Poison Pills, Junk Bonds, Stock Price, Industrial Espionage? Insider Knowledge
Restructuring of Gillette
Hot Summer: Unsolicited Bids of 1987
A Target
Proxy Contest and Legal Outcome
Proxy Fight Overhang
In Retrospect
Bibliography
Index
