After all, these millions belong to the stockholders, and board members are sworn to protect their money. |
Sun boss Scott McNealy gave the DoJ his lengthiest harangue at the company's AGM for stockholders yesterday. |
The reorganization plan must be accepted by the creditors, bondholders and stockholders and confirmed by the court. |
The initial stockholders in the company each provided a share of the non-refundable capital on which they then received an annual dividend. |
To be sure, debt carries significant tax benefits, is cheaper than equity, and provides more value to stockholders in a leveraged buyout. |
In tender offers, corporations issue public promises to purchase the stock of targets directly from their stockholders at preset prices. |