>Let's concoct a toy. You own 100% of a company. A suitor offers to buy it for $100bn. Not negotiable is that they will use 1,000 child laborers post-acquisitio

>Let's concoct a toy. You own 100% of a company. A suitor offers to buy it for $100bn. Not negotiable is that they will use 1,000 child laborers post-acquisition. >[by] refusing the $100bn ... one turned down the opportunity to go to Mars or rid the world of the guinea worm and possibly other bugs or cure this or that The buyer that had the $100bn to spend also had those opportunities but was willing to exchange them for buying your company. So claiming the decision not to sell is somehow reducing e.g. the number of trips to Mars seems disingenuous.