BUSINESSWEEK ONLINE : FEBRUARY 21, 2000 ISSUE
INTERNATIONAL -- EUROPEAN COVER STORY A Deal with Impact THE CATALYST Chris Gent, CEO of Britain's Vodaphone AirTouch, launches a hostile bid to take over Mannesmann, the leading mobile-phone operator in Germany, where unfriendly deals just aren't done THE DEFENSE Mannesmann CEO Klaus Esser tries hard to marshal resistance, but, breaking with a longstanding practice to defend their own, German politicians, unions, and financial institutions offered only minimal assistance THE CHANGED CLIMATE In the new era of the euro, rampant globalization, and widespread privatization, market forces prevail, with Esser accepting a sweetened $183 billion merger deal THE FALLOUT The way is opened for a wave of mergers and acquisitions in Germany that's likely to generate a major corporate restructuring and give a significant boost to its economy DATA: BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					RELATED ITEMS The Race to Rule Mobile (int'l edition) EUROPEAN COVER IMAGE: Why Europe Loves Mobile TABLE: Three Titans Face Off What's a Cell-Phone User Worth? (int'l edition) The Wizards of Telecom (int'l edition) TABLE: Telecom Gold Commentary: Auf Wiedersehen, Germany Inc. (int'l edition) TABLE: A Deal with Impact INTERACT E-Mail to Business Week Online

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