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“fudiciary duty” is typically a corpspeak invoked at allhands to explain why certain benefit is being cut. There’s no obligation to sell afaik and whether the c
by dilyevsky 8y ago
“fudiciary duty” is typically a corpspeak invoked at allhands to explain why certain benefit is being cut. There’s no obligation to sell afaik and whether the company is public or not should be irrelevant really.
- chiefalchemist 8y agoThere might not be an obligation to sell, but there is one to serve the shareholders. If the offer is respectable I would think not selling would likely result in lawsuits, etc.