Autopsy of a Merger: Trans Union, by William M. Owen, Like New, Signed Copy

Description: Autopsy of a Merger: Trans Union; The Deal That Rocked the Corporate World. Like new - Clean and Unmarked. Signed copy. This is the story of one of the most controversial mergers in corporate history -- one that culminated in the landmark decision of the Delaware Supreme Court in Smith v. Van Gorkom. The subject is the acquisition of the former Trans Union Corporation by the Pritzker family of Chicago. Trans Union, a diversified holding company at the time, was a billion-dollar company with a hundred-year history. Trans Union had an assortment of suitors: the Pritzker family of Chicago, General Electric Co., and the investment firm of Kohlberg, Kravis, Roberts & Co., deans of the leveraged buyout movement, working with certain Trans Union executives and the billionaire Reichman brothers of Canada in an ill-fated effort to put together an $828 million leveraged buyout. Ultimately, the Pritzker proposal carried the day. Four years later, in a landmark decision that shocked the corporate world, a sharply divided Supreme Court of Delaware held that the former board of directors of Trans Union had been "grossly negligent in that it failed to act with informer reasonable deliberation in agreeing to the Pritzker merger." The Court's astounding 3-2 decision would expose the ten former directors of Trans Union to catastrophic personal liability and transform the ground rules for corporate takeovers, all as chronicled later in numerous law review articles. Both the Delaware Court of Chancery opinion as well as the Delaware Supreme Court's decision are included as appendices to the book The late John Welch, former Chairman of General Electric, called the book "a remarkably accurate" account of the merger saga as he remembered it. [Note: Price is firm.]

Price: 75 USD

Location: Deerfield, Illinois

End Time: 2025-01-21T04:34:26.000Z

Shipping Cost: 5.38 USD