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Guinness v Arthur Bell : what are the issues?

Love, J H (1985) Guinness v Arthur Bell : what are the issues? Quarterly Economic Commentary, 11 (1). pp. 72-78. ISSN 0306-7866

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To the casual observer the bid by Guinness for Arthur Bell has all the hallmarks of high drama, as two ambitious empire builders fight for control of one of the most prestigious names in the whisky industry. The public nature of this major takeover bid and the forceful personalities of the two main protagonists should not blind us to the fact that there are important issues at stake both for Arthur Bell and for the Scottish economy. The very fact that there will be no MMC investigation makes it all the more important that these issues should be aired in a dispassionate manner, away from all the controversy surrounding the bid itself.