Reply to post: Re: Money Talks

Activist investors DESTROY COMPANIES. Don't get me started on share dealings...

I ain't Spartacus Gold badge

Re: Money Talks

Then they should sack the Board. They have the majority of the votes, or the activists would be running the company.

It's also not true that they always leave the company screwed. Apple and MS have been hoarding money for no good reason. It's up to the board to justify why they're holding on to all of that. They couldn't. So they were made to hand some of it back to its owners. That's what shareholder means. In the UK it would probably have been via dividends.

Plus it stops the board being tempted to blow a few billion on a Whatsapp...

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