START WITH A BANG, GO OUT WITH A WHIMPER. When Dwight Schar’s NVHomes launched a hostile takeover bid for Ryan Homes on September 29, Ryan’s executives weren’t exactly pleased. They turned to the proverbial poison pill, outfitted themselves with platinum parachutes, and denounced Schar’s bid as “illusory, misleading, and unlawful.” They called NvHomes’s $45-a-share tender offer “inadequate” and urged
Under the Counter
START WITH A BANG, GO OUT WITH A WHIMPER. When Dwight Schar’s NVHomes launched a hostile takeover bid for Ryan Homes on September 29, Ryan’s executives weren’t exactly pleased. They turned to the proverbial poison pill, outfitted themselves with platinum parachutes, and denounced Schar’s bid as “illusory, misleading, and unlawful.” They called NvHomes’s $45-a-share tender offer “inadequate” and urged
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