As any student of industry knows, Elon Musk is hardly the first person to attempt a hostile takeover. But while the Tesla (NASDAQ:TSLA) chieftain’s $54.20 per share bid for Twitter (NYSE:TWTR) continues to resonate, let’s pause to consider earlier attempts at hostile takeovers by well-respected and well-financed entities and individuals that — to ransack some Musk-worthy clichés — took off like a rocket ship but eventually vanished like a wisp of blunt smoke.
Hewlett Packard’s Failed Takeover of PricewaterhouseCooper: In September 2000, HP Inc (NYSE:HPQ) sought to expand its technology advisory services by acquiring PwC’s consultancy unit for $18 billion.
