TITLE

TechSpin: France's "Anglo-Saxon" Envy

AUTHOR(S)
Dreyfuss, Joel
PUB. DATE
April 2008
SOURCE
Red Herring;4/21/2008, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the hostile bid of Microsoft for Yahoo and why the Europeans consider hostile bid as "Anglo-Saxon" business tactics. It outlines the actions taken by Yahoo to stay independent and prevent the hostile takeover of Microsoft. It relates that hostile takeovers and drastic "Anglo-Saxon" measures are not common in France and Germany, because unions hold considerable sway over business decisions. It presents examples of French companies adopting hostile business tactics, including French media company TF1.
ACCESSION #
36834968

 

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