>(see the many court cases in which courts end up ruling that companies are not allowed to engage in purely philanthropic duties when there is a rigid fiduciary responsibility to maximize profits; see eBay vs. Craigslist).
I saw both the Delaware version and the California version of eBay vs. Craigslist. Neither had anything to do with philanthropy. They involved a poison pill strategy. At the risk of standing in the way of a good rant, I think you'll need a better example.
I saw both the Delaware version and the California version of eBay vs. Craigslist. Neither had anything to do with philanthropy. They involved a poison pill strategy. At the risk of standing in the way of a good rant, I think you'll need a better example.