Well argued - by a Private Equity Insider. But why don't owners/shareholders not just change the management in underperforming businesses? It would be much cheaper. And why does Private Equity get treated as a fund when it is actually a conglomerate business and should be incorporated as such? (17-Oct-2017)
In defense of private equity
Though Chancellor Allen characterized a Caremark duty-of-oversight claim as
“possibly the most difficult theory in corporation law upon which a
plaintiff m...
4 days ago
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