This book goes behind closed doors of both executive offices and the Corporate Board Room to disclose details about this corporate takeover that have never before been revealed. The book describes the tense events that lead to the decision to change the basic business strategy of the company. It also tells several political tales that help the reader understand how a major player in the defense industry can be brought to its knees by one signature from one highly placed Washington official.
Months of study and analysis lead Grumman and Northrop to the decision that a merger of equals was the desired path to survival. Unfortunately activities initiated by the companies investment banker, changed the history of events and changed a friendly merger into a hostile takeover.
This book describes all of the significant events before, during and after the acquisition that will serve as lessons learned to those that may, in the future, be involved in partnering activities.
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It was July 2, 1962, when Jake Bussolini first walked through the doors of Grumman Aircraft Engineering Corporation as their newest electrical engineer. As he was escorted to a plain gray desk that resembled the hundreds of other desks that cluttered the third floor, Bussolini never dreamed that over the next thirty-two years, he would not only help design and build the Lunar Module that delivered astronauts to the moon, but also climb the corporate ladder to become an integral part of an assignment that would lead Grumman in a startlingly different direction. As he leads others behind closed doors of both executive offices and the corporate board room during challenging times in the defense industry in the early 1990s, Bussolini discloses never-before-revealed details about how a friendly merger created to survive budget cuts slowly transformed into a hostile acquisition. While describing the tense events before, during, and after the acquisition, Bussolini divulges how activities initiated by an investment banker minutes before a final decision was to be made by the Board of Directors to approve the merger changed the course of the company's history, and the lives of its loyal employees forever. The Last Chapter shares the fascinating inside story of the 1994 acquisition of Grumman from a former company executive determined to document the final chapter in the history of a great corporation.
Jake Bussolini began at Grumman Aircraft Engineering Corporation in 1962 as an electrical engineer. His thirty-three-year career encompassed several executive roles that allowed him access to facts and activities related to the 1994 acquisition of Grumman by Northrop. Jake currently resides in Mooresville, North Carolina, where he is enjoying retirement.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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