Resisting Hostile Takeovers: The Case of Gillette

Written by the first woman director of the Gillette Company this is an exciting first-hand account of Gillettes successful fight against four hostile takeover efforts during the late 1980s. After a brief insightful history of the company and the growth of its world-famous products―Gillette razors and blades; Braun coffee machines and electric razors; Oral-B toothbrushes; Paper Mate Waterman and Parker pens; and cosmetics―the author tells the inside story of Ronald Perelmans three attempts and the Coniston Partners one attempt to take over Gillette. Ricardo-Campbell who chaired Gillettes Finance Committee during this period provides a fascinating look at the ensuing proxy battles and other intricate financial maneuvers. Combining academic theory and first-hand experience in its discussion of topics such as greenmail and poison pills this work also features such world-renowned corporate figures as Warren Buffett Joe Flom and Eric Gleacher.