Publisher's Synopsis
It started with a gargantuan bribe 'they expected a profit of $2.5 to $3 billion ... my share shuld be $30 million'. So begins this account of one of the biggest hostile takeover attempts - the assault by corporate raiders Jay Pritzker and Irwin Jacobs on the giant ITT corporation - by the CEO at the centre of it all.;ITT was to be the target of a new bred of finacnial predators - skilled operators who used a battery of new techniques, such as leveraged buyouts, to take over companies and liquidate their assets for vast profits. This is more than the story of how ITT successfully defended itself against the raiders: it also encapsulates the nature of corporate takeovers in the late 1980s and shows that no corporation, no matter how big, is now safe from attack by people whose only motive is profit.
