TITLE

$10 billion, the judge says, can't be ignored

PUB. DATE
December 1993
SOURCE
U.S. News & World Report;12/6/93, Vol. 115 Issue 22, p14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Focuses on the vigorous bidding battle by two cable television concerns, Viacom and QVC, for Paramount Communications. Judge Jack Jacobs chastising of Paramount's board of directors for not fulfilling their duty to shareholders when they seemed to brush off a $10 billion bid from QVC chief Barry Diller; Judge's orders to dismantle antitakeover defenses; Other implications of the court decision.
ACCESSION #
9311307511

 

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