This paper questions the view, that underlies much of the literature on the management of new technology, which applauds companies that strive to be at the forefront of new technology for its own sake. With particular reference to the polymer processing industry, but with implications for all...

This paper presents an analysis, in case-study form, of the hostile bid in 1995 by Granada Group plc, the leisure services conglomerate, for Forte plc, the hotel and restaurant operator. Completed in early 1996, this episode provides a rich illustration of the key elements of the take-over...