Lesson 22

Hostile take-overs
Breakfast News 11/10/91
The announcement by the engineering group Hawker Siddley that it's to shed another 1000 jobs and sell off more than half its businesses comes in the wake of a hostile take-over bid from the industrial conglomerate BTR.

Granada - Forte Hostile Take-over
Rory Cetlan-Jones, BBC2 8/1/96
At Granada's London's offices the company's board and its advisers are now gathering as the biggest take-over battle of recent years nears its climax. Granada has just hours to decide whether to raise the stakes. The battle between Granada's Jerry Robinson and Forte's Chairman, Sir Rocco Forte, looked a one-sided affair at first, but the take-over target has fought back.