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It would seem that the deal in question offered the same benefit to all shareholders: an exchange of their stock in the company for Amazon stock. IANAL, but I
by ryanwaggoner 17y ago
It would seem that the deal in question offered the same benefit to all shareholders: an exchange of their stock in the company for Amazon stock. IANAL, but I doubt that the fiduciary responsibility includes ensuring that the founders get to keep their brand independent, especially when it makes more financial sense for the shareholders to sell.