Did a 1997 merger ruin Boeing?

Re:Did a 1997 merger ruin Boeing? by euroderf on Friday January 12, 2024 @01:00PM (#38971511)

Also IIRC there was a case before the Supreme Court where the dispute was whether shareholder value was the sole & supreme goal, or there could be other factors involved from other stakeholders (such as workers, the community, ...).

The Supremes ruled for shareholder value.

However I forget details of ths case. If anyone here happens to know what case I am referring to, please chime in.

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Re:Did a 1997 merger ruin Boeing? by ameister14 on Friday January 12, 2024 @04:42PM (#38974528)

I don't know of a case where the Court affirmed shareholder primacy - as far as I am aware it's a state by state thing though since Delaware has it in their code it impacts a massive number of corporations.

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Re:Did a 1997 merger ruin Boeing? by dragonwriter on Friday January 12, 2024 @01:05PM (#38971574)

You are probably thinking of the case described in GP, which is the decision of the Michigan Supreme Court on this issue.

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Re:Did a 1997 merger ruin Boeing? by euroderf on Friday January 12, 2024 @03:36PM (#38973659)

I should have added, this was a case back in the 1980s.

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