Subject category:
Finance, Accounting and Control
Published by:
Darden Business Publishing
Version: 1 May 2015
Revision date: 6-Jul-2015
Length: 14 pages
Data source: Published sources
Abstract
This case examines issues of asset control for Ben & Jerry's Homemade, Inc, in light of the outstanding takeover offers by Chartwell Investments, Dreyer's Grand, Unilever, and Meadowbrook Lane Capital in January 2000. The case reviews the development of Ben & Jerry's strong social consciousness and the takeover-defense mechanisms that maintain management's control on company assets. Students, in the role of outside board members, are invited to review management's performance, estimate the economic cost of its social agenda, and evaluate the implications of takeover defense strategies.
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Abstract
This case examines issues of asset control for Ben & Jerry's Homemade, Inc, in light of the outstanding takeover offers by Chartwell Investments, Dreyer's Grand, Unilever, and Meadowbrook Lane Capital in January 2000. The case reviews the development of Ben & Jerry's strong social consciousness and the takeover-defense mechanisms that maintain management's control on company assets. Students, in the role of outside board members, are invited to review management's performance, estimate the economic cost of its social agenda, and evaluate the implications of takeover defense strategies.