Ulhas Joglekar wrote:
> Economist.com
>
> South Korean takeovers
>
> Dead deals walking
>
> Feb 7th 2002
> >From The Economist print edition
>
>
> The trouble often starts with simple technical issues. In their heyday, the
> chaebol expanded into industries whose vital technologies were often owned
> by western or Japanese companies. This forced the South Koreans to license
> the technology; such deals usually bar any transfer to another company if
> the licensee is taken over. According to Stephen Schiller, an investment
> banker at Salomon Smith Barney, the problem of "borrowed technology" has
> spoiled many deals.
--
Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901