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January 21, 2010

Whose Business Is It Anyway?

Perhaps only tangentially responsive to the assertion that we are simply protecting the free speech rights of owners when we strengthen the free speech rights of corporations, Steven Davidoff has a nice post over at The Deal Professor explaining how:

Kraft has deliberately structured its final offer to acquire Cadbury so that it won’t need the approval of its shareholders. That act of shareholder disempowerment isn’t sitting well with Warren E. Buffett.

SJP

January 21, 2010 in Corporate Governance | Permalink

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