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The Case Of Spin-Off.
Byline: Case Solution by Padmaja Alaganandan, Sanjay Jain, Arjun Sethi
Maureen, can you come in for a moment please?'' Aloke Basu spoke into the speakerphone. It wasn't 9 am yet-the scheduled office opening time-but Basu had already been at work for the last half hour. His secretary of five years, Maureen D'Souza, had been hauled out of bed by an early morning call from Basu, and she had reached office 15 minutes before her boss.
If the 48-year-old CEO of Prime Gadgets-an electronics equipment manufacturer-seemed nervous, it was for good reason. The previous evening, he had signed a deal with TelECom-a telecom gear manufacturer-to be acquired for Rs 750 ...
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