Polaroid did not wish to sell itself to Roy E. Disney.
It had to take a lot of its shares off the market to prevent Disney from purchasing them.
Business Impact
Problem
Business Impact
Polaroid did not wish to sell itself to Roy E. Disney.
A sale to Disney would provide its shareholders huge returns but the company plans to earn more in the future; therefore, they did not want to sell it.
It had to take a lot of its shares off the market to prevent Disney from purchasing them.
Since the company was not willing to sell itself to ...