Re: Yet Another Arnold Article
- From: "Scott Roberts" <scott.roberts@xxxxxxxxxxxxxxxxxxxxxx>
- Date: Tue, 30 Aug 2005 16:55:30 -0500
"Wayne Niddery [TeamB]" <wniddery@xxxxxxxxxxxxxx> wrote in message
news:4314d587@xxxxxxxxxxxxxxxxxxxxxxxxx
> > If there was any doubt before, this should put the tools business
> > into play.
>
> Why? He has only stated what is true - a BOD *cannot* ignore any such
offer
> if at all reasonable. It would also be true if someone offered to purchase
> the ALM tools. If such an offer seemed to be in the best interests of the
> shareholders and the BOD refused to consider it, they could be sued. Thus
> his statement is not in any way putting up a "For Sale" sign outside of
this
> general context.
So if it's obvious - and in fact mandatory - why did he mention it?
.
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