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why
is a takeover a bad thing for a shareholder's point of view?


From my perspective as a former owner of WLA, a takeover means that a business I found attractive because of their mgmnt. expertise has changed. Often it is changed to a go-go type mgmnt. that is willing to take on more risk and leverage than the company I originally found compelling.

Not always true. Sometimes a takeover is the best thing that could happen. The jury is still out regarding PFE and WLA.

Bruce
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