Comment Re:lol capitalism. (Score 1) 76
Second, being opposed to hostile takeover is a bad thing. I will put it simply, if you owned some stock of eBay, why would you want to discourage somebody offering you a price that is higher than it is trading for today?
It is possible you are not familiar with turn-and-burn operations. A company I worked for once was acquired in a hostile takeover. Everyone was fired, most of the products were scrapped, the buildings and equipment went... all that was left was a quick profit for the takeover company and a few bits of software that could never be updated to remarket.
You are horribly ignorant or deluded if you are arguing that hostile takeovers are a good thing.