Corporate Finance. Economics. Whatever. I know pilots who are absolute whizz-kids on aerodynamic theory, who aced ground school, who know the Ops Manual backwards, and who can't fly or operate an aeroplane or crew for sh*t. Somehow though, the plane usually manages to get successfully from A to B. While managing a Company doesn't require hand-eye coordination, "theory" and "practice" have their own different spots in the dictionary for a reason.
I don't believe the board advised anyone to sell their shares on the open market?
OK. The Board recommended that the offer be accepted. The Board said the offer was good. Others disagreed and said the offer undervalued the Company. They were accused of having "mental problems". So who ended up being right?
