45 Days to Find a White Knight
November 7, 2005, started like any other Monday at Fairmont Hotels & Resorts. Then the startling news hit — shareholder activist Carl Icahn announced a hostile takeover bid. Convinced that shareholders could get a better deal, Fairmont directors fought back. Fairmont selected an IntraLinks virtual dataroom to securely and successfully expedite the process. And after the deal was done, they gained the added benefit of a web-based repository that helps streamline daily information flow.