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Don’t know how legitimate the info is…
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<blockquote data-quote="Yeet" data-source="post: 5627231" data-attributes="member: 76343"><p>They also have a fiduciary duty to the stock holders. Bending over and taking it up the rear for whatever we want wouldn’t be in their best interest and could even be found liable for damages if they breach fiduciary duty. </p><p></p><p>This is most likely the reason behind the song and dance. 1, its negotiation 101. We ask for the moon, they offer the floor. By the end of it hopefully we’ve met somewhere in the middle. </p><p></p><p>2, they have a fiduciary duty to the stockholders so they have to make a solid argument of “hey, we tried!”</p></blockquote><p></p>
[QUOTE="Yeet, post: 5627231, member: 76343"] They also have a fiduciary duty to the stock holders. Bending over and taking it up the rear for whatever we want wouldn’t be in their best interest and could even be found liable for damages if they breach fiduciary duty. This is most likely the reason behind the song and dance. 1, its negotiation 101. We ask for the moon, they offer the floor. By the end of it hopefully we’ve met somewhere in the middle. 2, they have a fiduciary duty to the stockholders so they have to make a solid argument of “hey, we tried!” [/QUOTE]
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Don’t know how legitimate the info is…
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