In the business world, there are two types of acquisitions: friendly and hostile. A friendly acquisition means everything is negotiated in advance, both parties aligned in intent. But what ST Hospital did? That was nothing short of a blatant, hostile takeover. No warning. No prior discussion. Just a public announcement dropped like a bomb.
Still, even if it was a hostile move, ST Hospital had made an offer that was impossible to ignore—twenty times the current market value. That was insane. For many shareholders of S. Drucker Hospital, it meant a once-in-a-lifetime chance to strike it rich.
So the moment ST's acquisition notice went public, the Drucker family held an emergency shareholder meeting. Even Morris, the founder and long-retired patriarch who hadn't shown his face in years, made a rare appearance—showing just how serious the situation had become.