This case is about the takeover attempt for Jamnagar, (Gujarat, India) based Zandu Pharmaceutical Works by Kolkata, India based Emami group in 2008 and the opposition by one of the promoter families that followed. The company was owned and managed by two promoter families. One of the families sold their stake to Emami group. The other promoter family faces the decision problem in the case, which is - whether to sell out to Emami or to fight the takeover battle. The case narrates the circumstances and the actions taken by various parties involved. The case requires students to understand the business situation from different perspectives. The case deals with various managerial issues like leadership, communication, acquisition strategy and emotional issues faced by promoter families. The case serves as a suitable tool for students to learn and apply leadership and communication skills specifically in complex acquisition scenarios.