Hostile bid a novel idea

[Dave Monroe]

Business Spectator
0:42 AM Dec 14, 2007
COMMENTARY
Alan Kohler
Hostile bid a novel idea

It's not often you find the bidder in a takeover battle arguing that
it's too hard to actually make a bid, while the reluctant target
argues the opposite – that it's easy: go ahead, make my day.

But the next stage of the increasingly fascinating duel between BHP
Billiton and Rio Tinto is likely to be an argument about whether or
not a hostile bid is possible, with BHP saying it's not and Rio
countering that it is. It's all a bit weird.

[...]

This is actually a novel by Thomas Pynchon (The Crying of Lot 49).

http://www.businessspectator.com.au/bs.nsf/Article/Hostile-bid-a-novel-idea-9UHR8