BusinessStrategic ManagementBusiness EthicsMerger ControlMergersCorporate CommunicationCorporate Decision-makingEthical Business PracticesMerger CommunicationMergers And AcquisitionsOrganizational EthicsBoard Involvement In MergersBoard Meeting AdministrationBoard Meeting DutiesEthical Decision-making By BoardsEthical Decision-making In CorporationsEthics In BrokerageMerger BehaviorMerger Motives
As a director of a large corporation, you learned at a board meeting of an impending merger with a smaller company? Suppose this company has had an unprofitable year and its stock is selling at a price so low that you are certain it will rise when news of the merger becomes public knowledge. Would you buy some stock? Or tell a friend? Or tell your broker?