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
Last week, the SEC’s Office of the Investor Advocate – which is also known
as the “OIAD” – announced that it had delivered this 24-page report to
Congress ...
20 hours ago
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