Comments on: Dow Jones Board Action: Nice exam question http://www.truthonthemarket.com/2007/05/03/dow-jones-board-action-nice-exam-question/ Academic commentary on law, business, economics and more Fri, 19 Mar 2010 01:39:26 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Corporate Research Group - Global Corporate Governance Research and Policy Think Tank http://www.truthonthemarket.com/2007/05/03/dow-jones-board-action-nice-exam-question/comment-page-1/#comment-101405 Corporate Research Group - Global Corporate Governance Research and Policy Think Tank Sat, 05 May 2007 22:51:48 +0000 http://www.truthonthemarket.com/2007/05/03/dow-jones-board-action-nice-exam-question/#comment-101405 [...] excellent commentary dealing with this question is available on the blogosphere already here, here and [...] [...] excellent commentary dealing with this question is available on the blogosphere already here, here and [...]

]]> By: ProfessorBainbridge.com ® http://www.truthonthemarket.com/2007/05/03/dow-jones-board-action-nice-exam-question/comment-page-1/#comment-100944 ProfessorBainbridge.com ® Thu, 03 May 2007 18:55:57 +0000 http://www.truthonthemarket.com/2007/05/03/dow-jones-board-action-nice-exam-question/#comment-100944 <strong>The Fiduciary Duties of the Bancroft Family and the Dow Jones Board...</strong> By now you will have heard that Rupert Murdoch made a run at the Dow Jones Company, publishers of the Wall Street Journal. Elizabeth Nowicki asks:Does a bid for Dow Jones implicate Revlon duties? Can a board “just say no”?... The Fiduciary Duties of the Bancroft Family and the Dow Jones Board…

By now you will have heard that Rupert Murdoch made a run at the Dow Jones Company, publishers of the Wall Street Journal. Elizabeth Nowicki asks:Does a bid for Dow Jones implicate Revlon duties? Can a board “just say no”?…

]]> By: Steven Donegal http://www.truthonthemarket.com/2007/05/03/dow-jones-board-action-nice-exam-question/comment-page-1/#comment-100939 Steven Donegal Thu, 03 May 2007 18:09:20 +0000 http://www.truthonthemarket.com/2007/05/03/dow-jones-board-action-nice-exam-question/#comment-100939 I"m curious why, at this point in the proceedings, you think this is a good exam question? At this point, this isn't even a close call. There are no Revlon duties yet and yes, a board can just say no. This would be a much more interesting question if the Board felt that the News Corp offer was inadequate, but the family's attorney advised the board that 52% of the shares wanted to take it. I”m curious why, at this point in the proceedings, you think this is a good exam question? At this point, this isn’t even a close call. There are no Revlon duties yet and yes, a board can just say no. This would be a much more interesting question if the Board felt that the News Corp offer was inadequate, but the family’s attorney advised the board that 52% of the shares wanted to take it.

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