61. Drexel was the first firm to use junk bonds in hostile takeovers, with the bonds secured by the company that was to be acquired. 62. Esrey said the staggered terms are designed to block any possible hostile takeover of the company. 63. Europeans have seen hostile takeovers of Telecom Italia SpA, the French oil company Elf Aquitaine and the financial services company Paribas. 64. Even in France, surrendering to a hostile takeover is not tantamount to the next French Revolution. 65. Eisner is not known for acquisitions or hostile takeovers. 66. Family members were replaced by professional managers, directorships interlocked, and the companies owned pieces of one another, making them invulnerable to hostile takeover. 67. Fears that top money managers would walk out the door have served as a powerful deterrent to hostile takeovers in the investment business, say analysts. 68. Fears of hostile takeovers and other threats are just excuses to go out and play, Moore said. 69. For one thing, a hostile takeover for a bank would be difficult to complete in Britain, as it would be in the United States. 70. For the moment, there are few signs that any other rival is interested in a hostile takeover. |