Research and report on a firm that had experienced a hostile takeover. Did the takeover work to the benefit or detriment of the firm and its employees?

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A hostile takeover is when one firm attempts to acquire another without approval from the board of directors. In 2010, Sanofi-Aventis offered to buy Genzyme at $69 for every share. The French firm first approached the board of directors with the offer. Genzyme’s top management declined the proposition, saying that the bid was too low. Sanofi-Aventis refused to increase their bid because they believed the individual share price...

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