13 ms·

Lawsuits by the shareholders suing the board for not accepting the offer. Happens all the time.

• Tepix 5y ago
  It's not for the board to decide if they accept the offer. It's the shareholder's decision.
  • zwily 5y ago
    Ultimately that's the case. But the board may decide to reject the offer without doing a shareholder vote. (That's probably what they will do). That's when the shareholders sue.
  • trashburger 5y ago
    Not if it's a cash offer.