KWA's TIP OF THE DAY #6 - HOW TO EXECUTE A SUCCESSFUL CORPORATE TAKEOVER

A lot of people ask me: "I'm thinking about getting into corporate raiding.  How do I pull this off successfully?"


It's a good question and it merits a good answer.  Here's what I say to all the people who approach me with this very concern:


1. Offer $5 over the share price for a controlling share of company stock.
2. Acquire the company.
3. Fire the board of directors.  Then rehire all but one of them.
4. Have the board fire 1/2 the company personnel.
5. Wait for stock price to rise (1/2 year).
6. Unload company.
7. Make a billion dollars!


Good luck!
KWA