No wonder that the universe of listed companies is shrinking. It is much too easy to gain control of companies and take them off the public markets. A tiny number of votes above the 50% threshold should not be allowed to force the remaining shareholders out of their holdings. No wonder that stakeholders are disregarded and sacrificed on the mantra of simplistic corporate constitutions.
(3-April-2019)
Roche fails to get control of Spark
The excitement was palpable yesterday upon the release of the SEC’s
semiannual reporting proposal, much like when Navin R. Johnson proclaimed
“The new phon...
10 hours ago
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