don’t directors owe shareholders fiduciary duties?
by recommending this acceptance which is clearly detrimental to shareholders interests (a mere 4% increase on previous offer which they recommended “reject”), therefore a breach of their fiduciary duties to us?
any company law lawyers here?
Ann: Norwest Directors Unanimously Recommend MinRes' Revised Offe, page-208
Add to My Watchlist
What is My Watchlist?