Triplex gets personal
Article Abstract:
Triplex Lloyd has made a hostile bid for William Cook and is attacking Andrew Cook, chairman and chief executive of William Cook. Triplex Lloyd criticizes him for combining these roles and for his pay level and type of contract. William Cook argues that Triplex Lloyd's offer does not put a high enough value on the company and plans to issue a profit forecast as part of its defense. The market appears to expect an increased offer from Triplex Lloyd, judging by William Cook's share price which is above the offer price.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Tales from the horse's mouth
Article Abstract:
Investors realise that the management of a company they plan to invest in is an important factor affecting its performance, but they do not always have enough information to assess managers. There are a number of approaches to management such as assessing the skills the company needs and whether its management has these skills. Past performance of companies does not necessarily mean that future performance will be good. Managers should be persistent in order to achieve their objectives.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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