How could a manager of a $200+ mil MC company be allowed by corporate law to sign off a deal to sell 1/2 of the company without shareholder's approval?
If this is allowed, then any managing director can simply sell his publicly listed company to his brother for a few hundred million dollars discount?
Can someone without relevant corporate law knowledge shed some light on this issue please?
Can we all send some emails directly to Martin Donohue to express our backlash to this deal?
Someone has email address of Martin please?
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