What could contribute to the increase in japan

Assignment Help Management Theories

Reference no: EM133296980

Article:- Shareholder activist readies hostile takeover of Toshiba unit

Case Study:- Hostile takeovers in Japan are a relatively new phenomenon. In general, how strong is the hostile takeover market around the world? According to our class discussions, what could contribute to the increase in hostile takeover activity in Japan?

According to the article, Mr. Yoshiyaki Murakami has secretly bought 11.49% of the shares. Assume that his tender offer for ¥3,456 per Toshiba Machine shares (to buy 43.82% of the shares for ¥25.9 billion) reflects a 19% premium over the price he paid on his initial stake. Assume also that the tender price reflects the true value of the company under Mr. Murakami. What would be Mr. Murakami's financial gains from the takeover deal if it went through?

In response to the takeover attempt, the company warned that it is going to issue a poison pill. Suppose that the company has decided to issue the pill with the following conditions: The pill is triggered at 15% ownership. Upon the triggering event, for each share they hold, shareholders can buy 10 additional shares at a price of ¥1000. Assume that Mr Murakami decides to increase his stake to 15% and that the stock price just before the pill is triggered is ¥2900. Calculate the effect of triggering the pill on Mr. Murakami's ownership and value.

Reference no: EM133296980

Questions Cloud

Who is reviewing the coding of one of your coders : HIM 1253C Broward College You have just reviewed a case of a 17 year old male patient who injure his left knee when playing football. the patient was struck

Contractualists about ethics believe that moral truths : The Same People Choice can be described. Contractualists about ethics believe that moral truths.

Describe the policy issue : Describe the policy issue, policy problem of interest or a particular bill that your legislator has introduced in michigan on population health advocacy

What is the importance of using evidence-based best practice : NURS 5120 National University College What is the importance of using evidence-based best practices when administered health services? (with References)

What could contribute to the increase in japan : what could contribute to the increase in hostile takeover activity in Japan?Calculate the effect of triggering the pill on Mr. Murakami's ownership and value.

Explain why eating a meal that is high in fat content : NURS 3214-20113 Oklahoma Panhandle State University explain why eating a meal that is high in fat content often exaggerates gastroesophageal reflux disease

What molecule makes up chromosomes : What molecule makes up chromosomes? What do they do for cells and organisms as a whole?

Gross production and net primary production : What is difference between gross production and net primary production? Which must always be smaller in higher trophic level: biomass, energy or population size

Storage of genetic material and control of cellular activity : The nucleus has two functions, storage of genetic material and control of cellular activity.

User Account

All Pages