The Sale of Wellcome plc (B)

By Constance Bagley, Rakesh Khanna
1995 | Case No. CG2B
Describes the sale of Wellcome plc to GLAXO p.l.c in 1995. Explains why the Wellcome Trust, the Largest stockholder of Wellcome plc, decided to accept a tender offer by GLAXO p.l.c. that was opposed by the board of directors Wellcome plc. Addresses the consequences of the Wellcome Trust’s decision. This case is available for purchase from ECCH.

Learning Objective

Corporate Governance
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