Subject category:
Ethics and Social Responsibility
Published by:
Stanford Business School
Version: June 1995
Length: 13 pages
Data source: Published sources
Share a link:
https://casecent.re/p/102115
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Abstract
Describes the sale of Wellcome plc to GLAXCO plc in 1995. Describes the process through which the Wellcome Trust, the largest stockholder of Wellcome plc and the world's largest charitable trust, described whether to support a takeover bid by GLAXO plc that was opposed by the Board of Directors of Wellcome plc. Addresses the legal and strategic issues associated with the Wellcome Trust's decision.
About
Abstract
Describes the sale of Wellcome plc to GLAXCO plc in 1995. Describes the process through which the Wellcome Trust, the largest stockholder of Wellcome plc and the world's largest charitable trust, described whether to support a takeover bid by GLAXO plc that was opposed by the Board of Directors of Wellcome plc. Addresses the legal and strategic issues associated with the Wellcome Trust's decision.