Prepare an analysis of a current (published in between 1 January 2019 – 13 May 2019) Australian newspaper/media articlethat relates to the material covered from Lecture 4 forward – that is, from...

Xenith IP and IPH
    Xenith IP and IPH    takeovers
    
    
Table of Contents
Article Summary    2
Issues    2
Law and its Interpretation and Application    2
References    4
Article Summary
The article covered by (Durkin, 2019), highlights the takeover of the competitor firm Xenith IP, by the Intellectual Property Holdings (IPH Limited), the Australia's largest intellectual property law firm, for a hefty $192 million offer. The rival company was previously determined to merge itself with another rival company QANTM.
Issues
The underlying issues within the above article is the concept of the corporate group structures formed through the process of takeovers.
Law and its Interpretation and Application
A takeover is said to have occurred when the controlling company produces the bid for assuming the control in order to acquire the other company, and this process is often initiated by the purchase of the majority stake from the company which will be taken over. So, in the above article, as Intellectual Property Holdings (IPH Limited) offered the bid, so it can be called as the acquirer company while Xenith IP, becomes the target company to be acquired. Thus, it can be understood that, Intellectual Property Holdings (IPH Limited) is the larger...