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Usenet Newsgroups : rec.puzzles Hall of Fame


The rec.puzzles Hall of Fame is a compilation of over 500 of the most popular puzzles that have been posted and discussed in the rec.puzzles newsgroup. In most cases a detailed solution has been provided.

Many of these puzzles also appear in Braingle's own collection.

   
rec.puzzles
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FAQ
Hall of Fame
alt.brain.teasers
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FAQ
Categories : induction : takeover.p

After graduating from college, you have taken an important managing position
in the prestigious financial firm of "Mary and Lee".
You are responsible for all the decisions concerning take-over bids.
Your immediate concern is whether to take over "Financial Data".
There is no doubt that you will be successful if you are the first to
bid and that this will be profitable for the firm and you in the long
run.  However, you know that there exist another n financial firms,
similar to "Mary and Lee", that are also considering the possibility.
Although you are likely to be the first one to move, you know that
just after a take-over there is a lot of adjustment that needs to be
done.  In fact, for a period of time following any take-over the
successful firm becomes a prime candidate for a take-over which will
cost the job of whoever is responsible for take-overs.  Among all
financial firms it is common knowledge that the managers responsible
for take-overs are rational and intelligent.  What is your best response?


Solution

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