Staples
Staples has confirmed their bid to our company today and got firmly rejected. Now they're going to file this offer to the authority in The Netherlands by May 13th, 2008. And they'll pursue the shareholders directly for a hostile takeover.
It's pleasing that our CEO and Board are very confident that they could bring more value to shareholders and stakeholders. We only hope the shareholders have the same view.
It is with no doubt that acquisition of my company will help Staples grow their business in a lot of ways. They would, of course, reduce overhead and cut costs after the takeover.
People within my organization do not want to discuss this. If you try to talk to anybody, they'd give you an official answer so it's better not to talk about it at all. This is a weird situation at the moment, like the deadly calm before a war explodes.
It's pleasing that our CEO and Board are very confident that they could bring more value to shareholders and stakeholders. We only hope the shareholders have the same view.
It is with no doubt that acquisition of my company will help Staples grow their business in a lot of ways. They would, of course, reduce overhead and cut costs after the takeover.
People within my organization do not want to discuss this. If you try to talk to anybody, they'd give you an official answer so it's better not to talk about it at all. This is a weird situation at the moment, like the deadly calm before a war explodes.
posted by baobaobebe @ 2:15 PM
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