Hostile takeovers explained

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  • เผยแพร่เมื่อ 30 พ.ค. 2024
  • We all know what a takeover is. That's when one company agrees to be bought by another. But what happens when companies don't agree and the takeover goes hostile? Paddy Hirsch explains. #MarketplaceAPM #EconomicExplainers
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ความคิดเห็น • 194

  • @WPwholesomeENT
    @WPwholesomeENT 8 ปีที่แล้ว +199

    excellent presentation I'm from the hood never heard any of this talk and understood it

    • @WPwholesomeENT
      @WPwholesomeENT 7 ปีที่แล้ว +4

      Toolman329 lol no just watch a tv show EMPIRE it was mentioned on the tv show EMPIRE wedsnsdays on FOX 09:00PM

    • @safuulicious-youngfirepit8870
      @safuulicious-youngfirepit8870 7 ปีที่แล้ว +7

      lol i watch empire and shark tank and allso from the hood but i will be an entrepeneur

    • @josediaz3862
      @josediaz3862 4 ปีที่แล้ว +3

      Succession from HBO brought me here 👍🏽

    • @LuganWanian
      @LuganWanian 4 ปีที่แล้ว

      Jose Diaz Disney brought me here

    • @nigglewiggle4214
      @nigglewiggle4214 3 ปีที่แล้ว

      niggas sponsored by tv stations promoting their shows in youtube comments damnn

  • @cristiansoare8456
    @cristiansoare8456 6 ปีที่แล้ว +114

    I hope you realise that your explanation skills are actually good enough that even I, a 14 year old boy, understood what hostile takeovers are. Thanks for that!

    • @TheSoaringChannel
      @TheSoaringChannel 2 ปีที่แล้ว +1

      18 now. Just checking in. What business do you own? 😘 No? Keep thinking Big. With a big B.

    • @Geoffreyshadid
      @Geoffreyshadid 2 ปีที่แล้ว

      Not 14 anymore, boy.

  • @_camuz
    @_camuz 2 ปีที่แล้ว +22

    +10 years ago, 3 “friends” asked me to be a partner in their architecture company. They offered me 1/4 equity, and all I had to do was the architecture projects. Then one day, after I’ve done the architecture projects, they come and tell me. “We went to have dinner yesterday, and decided that we are going to buy your shares and we’re 3 against one”. So basically they bring me in, paid me a minimum fraction for 3 big projects and told me they were buying my shares, brought me to court to sign a statement I wouldn’t sue them later on. For those who read this. Be careful with the people you partner up with. You never know who everyone really is.

    • @thefloormat3297
      @thefloormat3297 2 ปีที่แล้ว +3

      That’s some bullshit you had to deal with

    • @Adi-pq9id
      @Adi-pq9id ปีที่แล้ว +1

      oooor just have a corporate lawyer accompany you just like any normal man doing business would do. there are very simple legal solutions to the problem you described.

  • @carolyndiaz9727
    @carolyndiaz9727 7 ปีที่แล้ว +30

    Wow. I was not excited to read about this at all or even watch this video. However, you did an amazing job in explaining everything and making it fun and simple. Thank you sir!!

  • @AryehAmitz
    @AryehAmitz 8 ปีที่แล้ว +73

    Your wolf has two mouths :D

    • @beereaters
      @beereaters 5 ปีที่แล้ว +10

      Must be a politician

    • @BirrDetonator1989
      @BirrDetonator1989 4 ปีที่แล้ว +4

      It's a hogwolf 😂

    • @gtw4546
      @gtw4546 3 ปีที่แล้ว +1

      The better to eat you with, my dear!

    • @ManjeetKumar-qz1ds
      @ManjeetKumar-qz1ds 3 ปีที่แล้ว

      @@gtw4546 *:@#%$धॅठडढरठ

    • @sylvesteruchia5263
      @sylvesteruchia5263 3 ปีที่แล้ว

      It's a hog wearing a wolf mask

  • @StonyRC
    @StonyRC 5 ปีที่แล้ว +14

    Magnificent presentation style, short and sweet, very informative.

  • @derekdrake8706
    @derekdrake8706 2 ปีที่แล้ว +4

    So.. if you want to be independent, don't go public?

  • @Andrew_Tate_Personal
    @Andrew_Tate_Personal 2 ปีที่แล้ว +3

    I’ve been looking into business my whole life and never heard of these terminologies. Excellent presentation and very clearly done. Learnt a lot and subscribed.

  • @moin6077
    @moin6077 2 ปีที่แล้ว +2

    I hope you're teaching business to normal people now after 12 years. Your explanation skills are great.

  • @jasonkrynicky3170
    @jasonkrynicky3170 2 ปีที่แล้ว +7

    Why did TH-cam recommend this 12 year old video on 4.11.22?
    oh yeah, Elon

  • @Heeroyui752
    @Heeroyui752 9 ปีที่แล้ว +17

    Great video!

  • @dasau01
    @dasau01 10 หลายเดือนก่อน

    I wish I discovered this channel 10 years back. You're an amazing teacher 🙏🏻

  • @ginnymonroe4918
    @ginnymonroe4918 5 ปีที่แล้ว +3

    Hi Paddy Hirsch, thanks for this excellent "Hostile Takeover" breakdown, I was R&Ding for a story. Thanks Ginny Monroe

  • @shankare2286
    @shankare2286 4 ปีที่แล้ว

    I wish there were more of these videos. I also wish other concepts of corporate finance are covered. This is one of the best sites to learn about finance, Yaaaaaaay!

  • @spanchangam
    @spanchangam ปีที่แล้ว

    What a simple yet brilliant way of explaining the concept!

  • @ambaya86
    @ambaya86 9 ปีที่แล้ว +5

    Very good video. Thank you

  • @prasathramani9
    @prasathramani9 6 ปีที่แล้ว

    Thank you so much!

  • @CB-ke2vp
    @CB-ke2vp 5 ปีที่แล้ว +1

    Excellent explanation, learned super quick!

  • @Rook1515
    @Rook1515 14 ปีที่แล้ว

    Excellent!!! Thanks!!!

  • @tastethejace
    @tastethejace 6 ปีที่แล้ว

    Great video. Thank you.

  • @Nirsterkur
    @Nirsterkur 3 ปีที่แล้ว +1

    Thank you for enriching me with knowledge.

  • @survivalhax6594
    @survivalhax6594 7 ปีที่แล้ว +1

    wow you are incredibly good at explaining things

  • @braythirteen
    @braythirteen 2 ปีที่แล้ว

    This is really great! Thanks for breaking it down.

  • @jonathansilva9848
    @jonathansilva9848 6 ปีที่แล้ว

    Very informative video, thanks much!

  • @ruthmomanyi7608
    @ruthmomanyi7608 4 ปีที่แล้ว

    great presentation. watched fro Kenya

  • @craft20960
    @craft20960 2 ปีที่แล้ว

    Thankyou soooooo much sir . I saw so many videos but I didn't understand . By seeing your video I understand . Thankyou soooooo much sir

  • @tanzibatahsin4215
    @tanzibatahsin4215 2 ปีที่แล้ว

    amazingly explained !!!

  • @ahope3333
    @ahope3333 6 ปีที่แล้ว +3

    Beautifully explained to where even a regular joe such as myself can understand it.

  • @ekvish0813
    @ekvish0813 3 ปีที่แล้ว

    Excellent explanation..... Swift and precise...!!

  • @ElBlancoFinance
    @ElBlancoFinance 2 ปีที่แล้ว

    This was great, excellent explanation! Thank you!

  • @aminkhawaja5412
    @aminkhawaja5412 ปีที่แล้ว

    What an amazing explanation! Thank you!

  • @ifrsmasterclass
    @ifrsmasterclass ปีที่แล้ว

    Really well explained. Thanks!

  • @jsaenz42
    @jsaenz42 4 ปีที่แล้ว +3

    Good explanation. Is the final goal of tender offer for the buying company to get majority (51%) of shares so that they can vote that the buying company completes the deal?

  • @user-sv5gl1sh6t
    @user-sv5gl1sh6t 4 ปีที่แล้ว

    thx for ur explanations. This video gets it easy to understand. fun n charming

  • @yanyang7973
    @yanyang7973 11 ปีที่แล้ว +1

    really great!

  • @salali2965
    @salali2965 2 ปีที่แล้ว

    Excellent information and still very relative

  • @goeducateconsultancy92
    @goeducateconsultancy92 5 ปีที่แล้ว

    great presentation

  • @InJusticeAustralia
    @InJusticeAustralia 2 ปีที่แล้ว

    Excellent

  • @panstr952
    @panstr952 2 ปีที่แล้ว

    Great video

  • @HeWhoLovesTheWorld316
    @HeWhoLovesTheWorld316 6 ปีที่แล้ว

    Great Video

  • @muhammadaffan8468
    @muhammadaffan8468 2 ปีที่แล้ว

    Very helpful video

  • @siddhantvishwakarma7507
    @siddhantvishwakarma7507 4 ปีที่แล้ว

    Sir I liked your example which helped me alot to understand complex one.. can you elaborate white knight and white square topics.

  • @kekaterence
    @kekaterence 14 ปีที่แล้ว +1

    Great vid!! greetings from Brazil!

  • @BeautyHealthZoneBlog
    @BeautyHealthZoneBlog 9 ปีที่แล้ว +5

    Thank you. Very informational.

  • @Foreverlifex
    @Foreverlifex 12 ปีที่แล้ว

    To the point ! However making a tender offer to the broard members behind close doors would make things move move freely because buying the broad members is the key.. Cash is King.plus .......

  • @akikaede_5310
    @akikaede_5310 2 ปีที่แล้ว +1

    The illustration is so funny haha

  • @pittim
    @pittim 12 ปีที่แล้ว

    ok, question. its sound like, a tender offer, is sth negative, and the board can take action against that. why???? At the end, doesn't the company belongs to the shareholders?? why not being able to deside wether to sell or not??

  • @zarlashtjafar4520
    @zarlashtjafar4520 5 ปีที่แล้ว +1

    This was super helpful! Thanks :)

  • @nucleargandhi101
    @nucleargandhi101 2 ปีที่แล้ว

    Amazing!

  • @INTHESKY016
    @INTHESKY016 12 ปีที่แล้ว

    Amazing vid!!!!

  • @Dtitilator
    @Dtitilator 2 ปีที่แล้ว +4

    I was just watching videos of Elon Musk buying majority of twitter then this one popped up.

  • @ugobrigneti8395
    @ugobrigneti8395 2 ปีที่แล้ว

    thank u very much, genious

  • @birdlives2000
    @birdlives2000 14 ปีที่แล้ว

    Paddy Hirsch (spelling?) is the man!

  • @makayacine9314
    @makayacine9314 4 ปีที่แล้ว

    This is lovely and funny 😂👍

  • @websuspect
    @websuspect 9 ปีที่แล้ว +4

    i was gonna do a video on this. Theres some other things they can do, they can initiate a board takeover vote themselves raises and vote in more members. Another strategy would be like copy to some of three little pigs software or put a store front across the street and try to disrupt their business and make them take on water. A takeover may not always come in the form of a tender takeover. There are several strategies for stealth takeovers.

    • @neloglass
      @neloglass 8 ปีที่แล้ว

      +websuspect You seem to be very well informed on this trade.
      I have a question and I hope you will be willing to clarify it for me. I know it may sound stupid, but I know next to nothing on this matter.
      Here is the situation.
      Corporation T is a factory in a third world country.
      Corporation R an international company from Europe bought 90% of corporation T and declared it private. There are the 10% which are somehow part of the new corporation, but are told their stocks is still in corporation T.
      A few years later corporation R merged with corporation P a larger international company and the stocks of corporation R were equalized 3 to 1 of corporation P. But the 10% of the original corporation T are still told they have stocks only in corporation T and that is it. They cannot do anything about it. Their stocks cannot be sold on the market because corp. T was declared private and now it is part of a much larger corporation. And they are not part of the new corporation.
      It is my suspicion that the stockholders of the 10% in the third world country don't know anything about how corporations work and they are swindled by some experienced manipulators.
      Am I right about this situation.
      I appreciate very much a response from you or anyone who understands this matter.
      And please do make a video on what you know. Every information helps.

    • @websuspect
      @websuspect 8 ปีที่แล้ว

      +Raven Alb J. a good example of this may be some corporation like uber. apple has private stocks in overseas company's it uses like aie and are however a public company must file with the Federal trade commission on its holdings and they get reviewed. many people for maybe a year did not know apple had been hiding its holdings from federal taxs which is a common tactic in the US. another private company which has private holders is space x. so both uber and space x have private holdings. but uber is the world's largest privately held corporation with a valid of approximately 51 billion. the other part of that is hype. uber could be worth 1 billion. we just do not know since uber is a private company. but all this goes back to my private intrests in private study. my grandma didn't work a job but she was the family CFO and she would budget all her money and put it in a savings account and I had about 5 years where I was working and studying hard. I would get up at 6 am forabout 1-2 years and I didn't have a gf I would watch the morning financial report s.

    • @neloglass
      @neloglass 8 ปีที่แล้ว

      Thank you very much. I really appreciate the fact that you took the time to give me the information.
      May I bother you with a fallowing question?
      Does it mean that a legal action can be taken against the international corporations which took over, in order to have the shares of the 10% be accepted into the takeover corporations?

    • @websuspect
      @websuspect 8 ปีที่แล้ว

      +Raven Alb J. yeah my memory is not %100 on demand. that is to say publically held company's must file an sec public holdings report. with the security s exchange. and many public government organizations such as the navy seals or northcom are public listed on private holdings listings.

    • @neloglass
      @neloglass 8 ปีที่แล้ว

      Thank you very much. I really appreciate your information.

  • @tonytwonukes7272
    @tonytwonukes7272 ปีที่แล้ว

    Hmm..
    Not the Hostile Takeover I came here for.
    I thought we were on the same page when you said "We've seen a lot of Murders and Executions recently, with companies banging each other."
    But as I continued watching I realized I'm at the wrong place.

  • @pppinto97
    @pppinto97 4 ปีที่แล้ว

    Can you have a video specifically on opposing methods such as poison pill & others

  • @brentschellekens4151
    @brentschellekens4151 ปีที่แล้ว

    That's only the legal aspects of a hostile takeover. We haven't talked about corporate espionage, sabotage or intimidation tactics yet

  • @pppinto97
    @pppinto97 4 ปีที่แล้ว

    Can you have a video specifically on opposing methods such as poison pill, macaroni defense, killer bees, lobster guard, etc

  • @ThrallsBoys
    @ThrallsBoys 12 ปีที่แล้ว +1

    How would the company know is another firm was buying up shares, especially if these shares where already floating in the market. Also is there a form of slow creeping takeover over a matter of months or even years?

    • @ProfAzimov
      @ProfAzimov ปีที่แล้ว

      Regulatory filing

  • @TheCYBERTRON9855
    @TheCYBERTRON9855 2 ปีที่แล้ว +3

    Coming here after elon musk hostile takeover on Twitter

  • @shikhajaiswal8804
    @shikhajaiswal8804 5 ปีที่แล้ว

    helpful......

  • @lauragillhespy1
    @lauragillhespy1 12 ปีที่แล้ว +1

    When he throws the pen at the end hahahaa

  • @puneetkumar3836
    @puneetkumar3836 4 ปีที่แล้ว

    why did he throw away the marker in the end ?

  • @Dsturb85
    @Dsturb85 ปีที่แล้ว +1

    Thank you very much sir I'm here just after Elon Musk has purchased Twitter in a hostile takeover

  • @Riverdale270
    @Riverdale270 14 ปีที่แล้ว

    glad to see you back!

  • @SilverRose09
    @SilverRose09 14 ปีที่แล้ว

    do you have some examples of a recent hostile take overs?

  • @ibrahimmusa2698
    @ibrahimmusa2698 7 ปีที่แล้ว +12

    You are marvelous

  • @benzonabendo1301
    @benzonabendo1301 4 ปีที่แล้ว +2

    Does anyone know what is the managerial discipling theory of a hostile takeover? thanks

  • @vaironalonso3578
    @vaironalonso3578 7 ปีที่แล้ว

    I like this

  • @soulsemblance3163
    @soulsemblance3163 4 ปีที่แล้ว +6

    I promised my dad to go with him over to Tokyo for a hostile takeover.

    • @lklim3914
      @lklim3914 4 ปีที่แล้ว

      I am thinking of a hostile takeover in Asia as well. If you are ever interested...

    • @soulsemblance3163
      @soulsemblance3163 4 ปีที่แล้ว

      @@lklim3914 what are your ideas on the Future prospects of Korea via an aquisition of their assets as a prelude to the eventual takeover?

    • @lklim3914
      @lklim3914 4 ปีที่แล้ว

      I am located in Singapore. But I do know that Korean companies are extremely cheap relative to the US and many of them trade at prices less than debt capacity, which means that they are practically sitting ducks from a leveraged buy out perspective. What's an activist to do then? Buy a large control stake and , take it private and then list in in another jurisdiction like Hong Kong where valuations are richer. But of course, this is easier said than done. Have you seen some of Warren Buffett Korean stocks in the past? They trade at single digit PEs and at a fraction of tangible book. The thing is that it does not need to be a complete takeover. You could goad management into giving a higher dividend and naturally share prices go up without you needing to pay a premium to buy all shareholders out. So if it works out, good. If it does not, at the very least the markets do know that the company is undervalued. There are so many potential opportunities here in Asia but of course there are capital market constraints as well. If you would like to have a private conversation you will find my email address at www.theholyfinancier.com .

  • @TheLuminousOne
    @TheLuminousOne 9 หลายเดือนก่อน

    Hall & Nash invading WCW at Bash at The Beach 96' was a hostile takeover.

  • @WaltersSach
    @WaltersSach ปีที่แล้ว

    Carl Icahn subscribed

  • @h1rschp
    @h1rschp 14 ปีที่แล้ว +1

    Kraft issuing a tender offer for Cadbury is one.
    And Ron Burkle buying up shares of Barnes and Noble could be another. BN even put a poison pill in place!

  • @abgottiful
    @abgottiful 2 หลายเดือนก่อน

    The movie with Danny Davitto other peoples money was based on this topic. Good topic

  • @AA_JonSnow
    @AA_JonSnow 2 ปีที่แล้ว +1

    I wish this guy taught me my business classes instead of my ignorant professors

  • @financeabcs
    @financeabcs 3 ปีที่แล้ว

    After watching this video I will need a drink. 😎

  • @aashaypatel1663
    @aashaypatel1663 3 ปีที่แล้ว

    Why can't they see the financial books of the company? If they are going straight to the shareholders, can't the shareholder (as owners of the company) hand over whatever they want thats not public?

    • @ProfAzimov
      @ProfAzimov ปีที่แล้ว

      Public companies really don't share a lot of info. In a friendly takeover, they could find if a company is fraudulent

  • @ChiChi-sw5iu
    @ChiChi-sw5iu 3 ปีที่แล้ว

    I love the way he throws the whiteboard marker for a scary conclusion 👁👄👁

  • @zok310
    @zok310 6 ปีที่แล้ว +1

    That’s the 1st wolf I have ever seen with 2 mouths.

    • @gtw4546
      @gtw4546 3 ปีที่แล้ว

      The better to eat you with, my dear!

  • @elKarlo
    @elKarlo 10 ปีที่แล้ว

    Can you give some real life examples of the Creeper take overs?

  • @Kavargh
    @Kavargh 6 ปีที่แล้ว

    Sweet

  • @malzo1701
    @malzo1701 2 ปีที่แล้ว +3

    Frist of all good vid, but i can't stop laughing that this 12 year old vid suddenly appeared in my feed.... for mystery reasons... when I haven't even searched for the topic.
    Elon rock on🤘

  • @775shahrukh
    @775shahrukh 12 ปีที่แล้ว

    v.good

  • @kenji4861
    @kenji4861 14 ปีที่แล้ว

    i think that was the example he was using

  • @VincentPhang2679
    @VincentPhang2679 7 ปีที่แล้ว

    cannot hear

  • @mohamedshoaeb6928
    @mohamedshoaeb6928 2 ปีที่แล้ว +2

    i came here because HBO succession season 1

  • @775shahrukh
    @775shahrukh 12 ปีที่แล้ว

    u also know that every thing has its opportunity cost..u speedy action has a very deadly opportunity cost which is the purpose of ur oploading..i.e. to make people communicate wht u r trying to say...u can loose the sole puropose...

  • @akemumoren4133
    @akemumoren4133 หลายเดือนก่อน

    who said I was the The Little Pigs ? woof woof!

  • @elpresidio
    @elpresidio 14 ปีที่แล้ว

    LOL Microhog. I wonder what that company represents. Reminds me of Microsoft trying to buy out Yahoo last year and Steve Ballmer going straight to the shareholders of Yahoo.

  • @jeremy28135
    @jeremy28135 2 ปีที่แล้ว

    I got a bad feeling about Micro🐷

  • @williambernardbrown
    @williambernardbrown 4 ปีที่แล้ว

    Yeah because I'm trying to buy Walmart and they don't want to sell it. I guess I have to sell is to the share holders

  • @albertleung9356
    @albertleung9356 5 ปีที่แล้ว

    Ha ha, loved it

  • @ABC-hq5qn
    @ABC-hq5qn 2 ปีที่แล้ว +1

    Is this what's going down between Elon and twitter ?

  • @mattyounger9907
    @mattyounger9907 2 ปีที่แล้ว

    If I buy one share of FDX can I start a proxy battle?

  • @petekdemircioglu
    @petekdemircioglu ปีที่แล้ว

    Yes. There isnt any group/institution left who didnt try it in Turkey. Look where they are now. Too much Self confidence, Too little knowledge&skills…

  • @isabellewillard2943
    @isabellewillard2943 3 ปีที่แล้ว

    I almost wanted to say "Microsoft" before he said "three little pigs software" up until he said "microhog"

  • @cray32
    @cray32 14 ปีที่แล้ว

    they all need a drink it seems

  • @escobar8617
    @escobar8617 4 ปีที่แล้ว +4

    I’m going to clap some cheeks tonight wish me luck boys 🙏💯

  • @plusricky
    @plusricky 9 ปีที่แล้ว

    I am thirsty!