Shorebank and Indecorp (C)

8 Pages Posted: 21 Oct 2008

See all articles by Elizabeth A. Powell

Elizabeth A. Powell

University of Virginia - Darden School of Business

Sheila McMillen

affiliation not provided to SSRN

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The C case (see also the A [E-0120] and B [E-0121] cases) opens with Shorebanks announcement that it will acquire Indecorp. From Shorebanks perspective, the merger affords an opportunity to further its mission by widening the market base that it already serves. Despite Shorebank's excellent lending record, public controversy erupts over the white-owned firms acquisition of black-owned Indecorp. Public perceptions of the deal vary, but several black-community activists are outspoken in their opposition to the merger.

Keywords: mergers and acquisitions, community relations, corporate social responsibility, minorities in business

Suggested Citation

Powell, Elizabeth A. and McMillen, Sheila, Shorebank and Indecorp (C). Darden Case No. UVA-E-0122. Available at SSRN:

Elizabeth A. Powell (Contact Author)

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States
434-982-2730 (Phone)


Sheila McMillen

affiliation not provided to SSRN

No Address Available

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