3 ms·
> Public companies can't do stuff just for the fun of it, right? So there must be some commercial reasoning behind it? Yes they can actually. If you are a sha
by nl 4y ago
> Public companies can't do stuff just for the fun of it, right? So there must be some commercial reasoning behind it?
Yes they can actually.
If you are a shareholder you can either sue (unlikely to succeed) or vote against the board. That's pretty much the only recourse.
- pmoriarty 4y ago"If you are a shareholder you can either sue (unlikely to succeed) or vote against the board. That's pretty much the only recourse." Or you could sell or just threaten to sell your shares. Buying more of the company's shares to take it over is another option. Good luck doing that with Google.