570Discussion Finance Experts Only

Part 1: What is a hostile takeover and what generally happens to the stock price of the firm being acquired in a hostile takeover?  Part 2: How does a hostile takeover affect the company’s stakeholders (shareholders, executives, employees, and society in general)? Is it usually beneficial or detrimental to these stakeholders? Why?  Include some news that is less than a year old that discusses an in-process or recently completed merger in your answer. Briefly discuss the main issues in that merger and whom the merger is likely to benefit or hurt.  The ProQuest database can be a useful tool for completing this assignment. Click here for instructions on accessing ProQuest.   Hint: One way to find merger news is to use the library’s database for the Wall Street Journal and search for a recent article with the word “merger” in the title of the article.