1 Á Company ownership
Fill in the missing words in the sentences below. Choose from the following.
family company	parent company	state-owned
hostile takeover	partnership	subsidiaries
joint venture	principal shareholders	takeover
merger	privatized	
nationalized	stakeholders	
1  Blenkinsop and Bleukinsop was started by Ernest and Charlotte Blenkinsop 100 years ago. Itwasa..................................................
2  Forty years ago, it was taken over by the government. It was................................
3  For twenty years, B&B was managed by a government department. It was..........
4  Then the Conservative Party won the election. They immediately sold B & B. It was..................................................
5  But the Blenkinsops were all dead. The main owners were banks and pension funds. They were the..................................................
6  However, many more people - owners, managers, employees and their families
and clients - had an interest in the success of the company. These were................
the.............................................
7  The new management decided to turn some of the business units into separate companies. They became.................................................
8  B&B kept amajoritysharehoidinginallofthem.lt was the...............................
9  Then tbe American giant, Monsterbuck, suggested that the two companies work together on a new product. They proposed a ..................................................
10  Monsterbuck said it wanted to work as an equal with B & B on the project. It would be a..................................................
11  But everyone knew that Monsterbuck reaĽy wanted to buy B&B, They wanted a.................................................
12  The B&B management did not want Monsterbuck to buy B&B, But Monsterbuck offered the B & B shareholders lots of money and won control. It was a................................................
13  Now there is news that Monsterbuck and another American giant, MegadoUar, will join together soon. It will be a mega-.................................................