| Description |
1 online resource (xii, 210 pages) : illustrations |
| Contents |
America for sale? -- I want euros : you can keep your dollars -- Can it (will it) happen to me? -- All that is made of steel is not unbreakable -- Esmark on the attack -- Hunted by the pack -- Winners and losers -- If we were running this country, we'd-- |
| Summary |
Is it a good idea to allow foreigners to purchase critical and strategic American assets? No, say authors James Koch and Craig Bouchard. In America for Sale: How the Foreign Pack Circled and Devoured Esmark, Koch and Bouchard use the sale of EsmarkÑa transaction that put over 50 percent of American steel production into foreign handsÑto make the case that this trend presents a clear and present danger to the economic future of United States of America.''America for Sale recaps the amazing, sometimes incredible events leading up to the sale of Esmark, including intense pressure from the United Steelworkers and the company's major public shareholder to make a decision not in the best interest of all shareholders. It also analyzes the efforts by the Esmark board of directors to observe its fiduciary duty, details the company's Òpoison pillÓ effort to raise its sales price, and describes the actions of Leo Gerard and Ron Bloom of the United Steelworkers UnionÑwhich led to some surprising alliances. The authorsÑone Esmark's president and vice chairman of the board, the other an Esmark director, preeminent American economist, and former university presidentÑthen provide their own assessment of the Esmark story. They offer legislative and policy prescriptions aimed at making sure U.S. business doesn't devolve into one big garage sale to foreigners seeking to take advantage of the coming decline of the U.S. dollar.'' |
| Bibliography |
Includes bibliographical references and index |
| Notes |
English |
|
Print version record |
| Subject |
Esmark -- History
|
|
Esmark |
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Steel industry and trade -- United States
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Investments, Foreign -- United States
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Consolidation and merger of corporations -- United States
|
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BUSINESS & ECONOMICS -- Infrastructure.
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BUSINESS & ECONOMICS -- Corporate & Business History.
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Consolidation and merger of corporations
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Investments, Foreign
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Steel industry and trade
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United States
|
| Genre/Form |
History
|
| Form |
Electronic book
|
| Author |
Koch, James V., 1942-
|
| LC no. |
2009028583 |
| ISBN |
9780313376795 |
|
0313376794 |
|
1282566326 |
|
9781282566323 |
|
