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Companies are required by law to maximize profits for the Shareholders. Because of this reason alone, the acquisition will be a guaranteed fail.
by x5486 9y ago
Companies are required by law to maximize profits for the Shareholders. Because of this reason alone, the acquisition will be a guaranteed fail.
- criddell 9y agoNo they aren't. Optimizing for something other than profit isn't a crime. Secondly, there are all kinds of corporations. Basically, what matters is the corporate charter and what promises the board and executives make to shareholders. As long as they act in accordance with their charter and the guidance they give to investors, they are fine.
- CryoLogic 9y agoOnly publicly traded companies.