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Yes, but then the other shareholders can drag him to court over it, and he will most likely lose, because you can't vote to give yourself more power willy-nilly
by henrikschroder 11y ago
Yes, but then the other shareholders can drag him to court over it, and he will most likely lose, because you can't vote to give yourself more power willy-nilly.
...which is the whole point of this independent committe working through this change. They're making him give up dynastic control, in exchange for the ability to cash out without losing control.
- celticninja 11y agoWhich is the smart thing to do. He can almost ensure dynastic control through nepotism but he also gets to take value now in case it does go the way of MySpace.
- deleted 11y ago[deleted]