22-3 The Merger market Methods to Change Management Proxy battle for control of the board of directors )Firm purchased by another firm )Leveraged buyout by a group of investors )Divestiture of all or part of the firms business units Irwin/McGraw-Hill CThe McGraw-Hill Companies, Inc, 2001©The McGraw-Hill Companies, Inc.,2001 22- 3 Irwin/McGraw-Hill The Merger Market ➔Proxy battle for control of the board of directors ➔Firm purchased by another firm ➔Leveraged buyout by a group of investors ➔Divestiture of all or part of the firm’s business units Methods to Change Management