Hints and tips:
...The vast majority of large US companies are incorporated in Delaware, which is perceived as shareholder-friendly and where the courts have been clear that a corporation’s reason for existence is to serve...
...We made a proposal: if they went private at that price and if they flipped the cable business in three years would they give us a callback [give Gamco a cut of the higher price]....
...s takeover defence against Mittal Steel, the question is whether European business is about to adopt its own kind of ?economic patriotism?...
...One test of whether the panel has chosen well will be whether managers adopt the winning title as a useful guide to doing business in the modern world and whether it endures to become one of the great business...
...As Allen, now a professor at New York University’s Stern School of Business, said in his 1992 lecture: “The law ‘papered over’ the conflict in our conception of the corporation by invoking a murky distinction...
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