AOL buys Huffington Post - Shareholders need more say in M+A

The Huffington Post deal is another case that demonstrates that shareholder power must urgently be strengthened. When a company agrees to pay more than 10 times historic revenues (2010 basis) it should be clear to detached observers that it is high time for ALL mergers and significant transactions to require shareholder approval. This will protect the buyers from overpaying and the vendors from being short-changed.
(07/02/2011)