Why Putting Shareholder Interests First Is A Good Idea

Law360, New York ( April 7, 2014, 2:35 PM EDT) -- In recent weeks, Delaware courts have issued two decisions that are reminders to board members and their advisers about the importance of placing shareholder interests first in the mergers and acquisitions process by conducting unconflicted strategic merger processes that the board (or a special committee) actively oversees and that are structured to incentivize the board and its advisers for obtaining the best result for shareholders....

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