this post was submitted on 09 Jan 2025
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that's the problem:
"the company had appointed advisors to review and pursue various transformational strategic and capitalistic options to extract the best value for stakeholders".
Companies should focus on extracting the best value for consumers not stakeholders... when it was created the stoke market was supposed to be disconnected from real economy to prevent that situation where companies tries to give priority to the stakeholders (who don't produce anything and don't increase GDP) over consumers. When that rule started being ignored in the beginning of the XX century and provocked the 1929 krack they should have take it at a warning and stop doing that instead of continuing that heresy.
Are you thinking of shareholders?
Stakeholders and shareholders are different. Consumers are stakeholders in this case.
hum yes, English is not my main language, sorry ><