2 ms·
Isn't the actual problem lawsuit related? If I am not mistaking, the shareholders are entitled to sue under the current doctrine for not acting in their best i
by ddebernardy 7y ago
Isn't the actual problem lawsuit related?
If I am not mistaking, the shareholders are entitled to sue under the current doctrine for not acting in their best interest.
MS would arguably defend itself making the case that key employees might resign, or key accounts might leave, or whatever else its legal team comes up with. MS might even win such a case for all we know.
Still, a court case could be an unwanted distraction. Or an interesting test case, depending on viewpoint.
- jdc 7y agoThere is no legal requirement to maximize shareholder "value". https://www.investopedia.com/terms/s/shareholder-value.asp https://www.investopedia.com/terms/s/shareholder-value.asp