Subject category:
Case Method and Specialist Management Disciplines
Published by:
Harvard Business Publishing
Version: 5 August 2004
Length: 21 pages
Data source: Field research
Abstract
In 1996, US Surgical launched a hostile takeover bid against Circon Corp. CEO Richard Auhll recruited an old HBS friend, George Cloutier, to the Circon board to help him defend the company. Circon's primary defenses include a ‘poison pill’ and a staggered board and lead to the longest-running takeover battle in US corporate history. This is an abridged version of an earlier case.
Locations:
Industry:
Size:
USD88 million revenues
Other setting(s):
1996-1998
About
Abstract
In 1996, US Surgical launched a hostile takeover bid against Circon Corp. CEO Richard Auhll recruited an old HBS friend, George Cloutier, to the Circon board to help him defend the company. Circon's primary defenses include a ‘poison pill’ and a staggered board and lead to the longest-running takeover battle in US corporate history. This is an abridged version of an earlier case.
Settings
Locations:
Industry:
Size:
USD88 million revenues
Other setting(s):
1996-1998

