NewsDialy
A company can sometimes make itself too expensive to acquire by doing what an acquirer would eventually do to it.
Private equity tactics, in their core form, mean a fund buys a company and runs it more intensively to surface value the public market was not pricing in.
Bob White, the chief executive of Olympus, has decided to apply those methods while the company is still publicly listed, with the stated aim of lifting the share price and deflecting buyout interest.
The idea carries an internal logic. Buyout firms target companies whose public market price falls short of what those firms believe the underlying business is worth.
Keep reading