Hostility in Takeovers:

In the Eyes of the Beholder?

G. William Schwert


Data File

# #S CUSIP Target Beg End Pill Auction Cash Equity Tender Fcusip First Bidder Wcusip Winning Bidder Suc Host(WSJ) Host(SDC) Host(Unsol) Host(Pre) Host(Factor) Run Mark Prem ROE Sales Liq D/E M/B P/E L(Cap) Ln(Val) Run Mark Prem
1 1 00003210 A&E Plastik Pak 770819 770819 0 0 1 0 0 1 Management 1 Management 1 0   0 0 0.0000 0.26031 0.12418 0.38449 0.2447 0.2603 0.3561 0.8748 0.8173 3.9116 9.6089        
2 2 00037010 ABA Industries 820706 820722 0 1 1 0 0 0 Unidentified 36949110 General Defense 1 0   1 0 0.2855 0.08529 0.15117 0.23646 0.1858 0.4294 0.2733 0.3580 1.6982 11.8702 9.5762        
3 3 00077110 ABI Amer Bus Phones 871211 880808 0 1 0 1 0 87246420 TIE Communications 69489010 Pacific Telesis 1 0 0 0 1 0.1962 -0.88479 -0.16883 -1.05362 0.1292 0.1319 0.4938 0.3512 1.9405 13.2463 9.8515 15.375 -0.69678 -0.01309 -0.70987
4 4 00080010 ACF Industries 831220 840417 0 1 1 0 0 102 Icahn inv gp 102 Icahn inv gp 1 0   1 1 0.4818 0.01695 -0.01506 0.00189             12.9333        
5 5 00086510 ACI Holdings 861117 861117 0 0 1 0 0 00176510 AMR Corp 00176510 AMR Corp 1 0 0 0 0 0.0000 0.39078 0.48550 0.87628 0.0885 0.1252 -0.0479 0.4056 0.8781 35.7143 11.1146 17.766 0.05495 -0.23392 -0.17897
6 1752 00091530 ADT Ltd 960701 960701 1 1 0 1 0 76051610 Republic Inds     0 0   0 0 0.0000       0.0717 0.1031 0.0885 0.7217 1.5013 38.4615   17.356 0.53843 -0.20966 0.32877
7 6 00100710 ADT Inc 870817 870828 0 0 1 0 1 1 Hawley Group Ltd 1 Hawley Group Ltd 1 0 0 1 0 0.2855 -0.03469 0.45049 0.41580 -0.0096 0.0590 0.0238 0.1402 1.8654 16.0714 12.8977        
8 7 00105410 AFG Industries 880225 880319 0 1 1 0 1 1 Management 1 Management 1 0 0 0 0 0.0000 -0.04073 0.17556 0.13483             13.3473        
9 8 00124010 AGS Computers 880610 880610 0 0 1 0 0 67076810 Nynex 67076810 Nynex 1 0   0 1 0.1962 0.34738 0.08176 0.42914 0.1746 0.2639 0.3186 0.3983 1.8589 14.1807 12.3159 17.987 0.00304 0.02159 0.02463
10 9 00136610 AIFS Inc 891215 891215 1 0 1 0 0 1 Management 1 Management 1 0 0 0 0 0.0000 0.02278 0.56477 0.58755             9.4201        
11 10 00147610 AJ Industries 761004 761004 0 0 1 0 0 1 Rokker Ind 1 Rokker Ind 1 0   0 1 0.1962 0.24307 0.17516 0.41823             9.5770        
12 11 00168810 AMF Inc 850425 850615 1 0 1 0 1 60444210 Minstar 60444210 Minstar 1 0 1 1 1 0.4818 0.25348 -0.39499 -0.14151 0.0095 0.1209 0.2450 0.3786 0.8492 32.2222 12.9175 16.696 0.24753 -0.15517 0.09236
13 1753 00172320 AM International 891114 891114 0 0 1 0 0 2 Komori Printing Japan     0 0   1 0 0.2855 -0.00949 -0.53920 -0.54869             12.5478        
14 1754 00176510 AMR Corp 891005 891005 1 0 1 0 0 171 Trump Donald     0 0 0 1 1 0.4818 0.08864 -0.15078 -0.06214 0.1186 0.2037 -0.0186 0.7206 0.8264 6.7708 15.1467        
15 1755 00202410 APL Company 800122 800122 0 0 0 0 0 62944910 NVF Co     0 0   0 0 0.0000 -0.15823 -0.11366 -0.27189 -0.0179 0.1557 0.3224 1.4380 0.7372   10.4157 15.768 0.44875 -0.45402 -0.00527
16 1756 00202410 APL Company 861017 861017 0 0 1 0 0 1 First Equity Corp Fla     0 0 0 1 0 0.2855 0.03747 -0.06490 -0.02743 0.0662 0.0253 0.2070 1.4096 0.7879 5.9146 10.6548        
17 12 00204010 ARA Services 840712 841005 0 0 1 0 0 1 Siegel inv gp 1 Management 1 0 1 1 0 0.2855 0.19914 0.31387 0.51301             13.1357        
18 13 00206J10 AT&T Capital Corp 960606 960606 0 0 1 0 0 1 Pvt Leasing Consortiu 1 Pvt Leasing Consortiu 1 0 0 0 1 0.1962 -0.09431 -0.01073 -0.10504 0.1120 0.1305   2.9705 1.0749 14.1667 14.4708        
19 14 00207510 ATI Medical 911212 911212 0 0 1 0 0 58490610 Mediq 58490610 Mediq 1 0 0 0 0 0.0000 0.24157 0.43024 0.67181 0.0584 0.0767 -0.1358 3.2483 1.9718   9.6853 14.965 0.08144 0.18830 0.26974
20 15 00228010 AVC Corp 800908 801013 0 1 0 1 0 42839910 Hi Shear Industries 75510310 Raytech 1 0   0 1 0.1962 0.66695 0.14504 0.81199 -0.0449 0.1644 0.2584 0.2045 0.3809   9.0188 16.686 0.02466 -0.32816 -0.30350
21 16 00244010 AVX Corp 890928 890928 1 0 0 1 0 50155620 Kyocera Corp Japan 50155620 Kyocera Corp Japan 1 0 0 0 0 0.0000 0.05154 0.53089 0.58243             12.4264 18.188 0.09131 0.19464 0.28595
22 17 00245510 AZL Resources 820910 820910 0 0 1 0 0 89149030 Tosco 89149030 Tosco 1 0   0 1 0.1962 -0.18740 0.28556 0.09816 0.0678 -0.1778 0.2624 0.7691 4.9326 72.6190 11.1497 16.261 -0.01656 -0.79540 -0.81196
23 18 00306810 Aberdeen Mfg 790625 790625 0 0 1 0 0 1 Crown Henry & Co 1 Crown Henry & Co 1 0   0 0 0.0000 0.24984 0.10945 0.35929             9.2330        
24 1757 00338710 Abex Inc 940325 940325 0 0 0 0 0 1 Libra Invest & Trade     0 0 0 1 0 0.2855 0.41554 0.97366 1.38920   -0.4794 0.0897       11.0307        
25 1758 00430810 Acceptance Insur (Sto 851001 851001 0 0 1 0 0 2 Management     0 0   0 1 0.1962 -0.14801 -0.11316 -0.26117 0.1286 -0.2753 0.0940 1.5107 1.7654 15.3750 10.5864        
26 19 00433010 ACCO World 870622 870622 0 0 1 0 1 02470310 American Brands 02470310 American Brands 1 0 0 0 0 0.0000 0.12495 0.18924 0.31419             12.9671        
27 20 00462610 Acme-Cleveland Corp 960307 960603 0 0 1 0 1 23585110 Danaher Corp 23585110 Danaher Corp 1 0 1 1 1 0.4818 -0.25297 0.28397 0.03100 0.0682 0.1125 0.3545 0.0085 1.4828 32.8947 11.8414 17.283 0.05737 0.17039 0.22776
28 1759 00477010 Acme Precision Prods 861218 861218 0 0 1 0 0 3 Management     0 0 0 1 0 0.2855 -0.15218 -0.19533 -0.34751 0.0416 0.2762 0.1308 0.7515 0.9070 1.8098 8.2761        
29 21 00620310 Adams Drug 841002 841002 0 0 1 0 1 76152210 Revlon Gp (Pantry Pd) 76152210 Revlon Gp (Pantry Pd) 1 0 0 0 0 0.0000 0.39146 0.18160 0.57306 0.1431 0.0540 0.5536 0.6831 1.4577 9.5546 10.8638 14.893 0.17664 0.04359 0.22023
30 22 00628410 Adams Millis 880208 880715 0 1 0 1 0 80311110 Sara Lee 80311110 Sara Lee 1 0 0 1 0 0.2855 0.36136 0.39862 0.75998 0.1228 0.4272 0.3289 0.7616 1.0575 10.5469 10.7671 17.387 0.03128 -0.12307 -0.09179
31 23 00635410 Adams Russell Inc 890612 890612 0 0 1 0 1 55261810 M A Com Inc 55261810 M A Com Inc 1 0 0 0 1 0.1962 0.17328 0.60870 0.78198 0.0083 0.0541 0.4218 0.4580 0.5132   10.5685 15.860 -0.08574 -0.53243 -0.61817
32 24 00635610 Adams Russell Co 870715 870715 1 0 1 0 0 12686C10 Cablevision System 12686C10 Cablevision System 1 0 0 0 1 0.1962 0.37766 0.20410 0.58176 0.1172   -0.2766     79.3269 11.9624 16.922 0.07715 0.08091 0.15806
33 25 00723910 Adobe Oil & Gas 850214 850214 0 0 0 0 0 00723910 Adobe Oil & Gas 00723910 Adobe Oil & Gas 1 0 0 0 0 0.0000 0.13638 -0.12667 0.00971 0.1332 -0.2053 0.0654 0.3032 1.2071 13.6207 12.5152 16.486 0.10772 -0.18447 -0.07675
34 26 00724010 Adobe Resources 911210 911210 0 0 0 1 0 80201210 Santa Fe Energy Resou 80201210 Santa Fe Energy Resou 1 0 0 0 0 0.0000 -0.00566 0.03647 0.03081 -0.1629 0.0118 0.0208 1.0559 2.0549   12.2740 16.271 -0.18795 -0.11737 -0.30532
35 27 00754710 Advanced Systems 871009 871009 0 0 0 1 0 63577110 National Education 63577110 National Education 1 0 0 0 1 0.1962 0.07431 0.29779 0.37210 0.1884 0.2051 0.1268 0.5974 1.9424 14.9194 11.7626 16.953 0.04324 0.24089 0.28413

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© Copyright 1997-2007, G. William Schwert

Last Updated on 3/7/2007