style capitalism, encapsulated in the 1987 movie classic “Wall Street”. ![]() The hostile takeover became the defining symbol of U.S. For example, in 1988, there were no less than 160 unsolicited takeover bids for U.S. Boards lived in fear of “corporate raiders” like Carl Icahn. ![]() ![]() In the 1980s, they became all the rage: hostile takeovers.
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