Summary
This case focuses on the conflict between the Hedge Funds and the Board and Management of Deutsche Börse, following Deutsche Börse's hostile offer for the London Stock Exchange. It allows participants to role play the perspectives of the Supervisory Board, led by Dr. Breuer, the CEO, Werner Seifert, the Hedge Funds (TCI, Atticus) and traditional investors (including Fidelity and Merrill Lynch).
Teaching objectives
- Explore issues of corporate governance and the role board members play - Help participants to gain insight into the dynamics of hedge funds
Keywords
- Corporate governance
- Stock Exchange
- Hedge Funds
- Mergers
- Activist Shareholders
- Active ownership
- Corporate Governance
- Investors
- Stakeholders and Accountability
