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A comment on Adobe gives up on web-design product to rival Figma after deal collapse. Parent comment

Re:Adobe gives up on web-design product to rival Figma after... by p_l on Wednesday January 31, 2024 @01:57PM (#39207828)
However, the stockholders could make a civil case that, as majority owners,they wanted to go that way, and with high enough offer and social perception that CEO must work to do so, they could make it a very bad time in courts - or possibly just replace the CEO with someone willing to burn the ckmpany for their profits.
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Re:Adobe gives up on web-design product to rival Figma after... by jampekka on Wednesday January 31, 2024 @02:56PM (#39208526)
Minority owners can and do sue and win even if the majority would agree to non-profit-maximizing decision.
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Re:Adobe gives up on web-design product to rival Figma after... by p_l on Thursday February 01, 2024 @12:48AM (#39213069)
Ugh, TIL.

I thought that if you managed to convince the majority you might be in the clear?

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