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Topic: |
Business
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Number of pages / Number of words: |
10 / 2684 |
Essay's paper body
This represented a very clear conflict of interests between the management of the two firms and shareholders. Shareholders felt that the two men who use to be bitter rivals would be incapable of working on the same board and they were both equally at fault in the OnDigital disaster which cost their companies ?...
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Shareholders wanted Mr Allen to stay on and Mr Green off the new board completely. Tactfully the shareholders spearheaded by Fidelity, a US fund management group declared their support for the merger including key board position for both men in the merged firm, but after the deal was cleared moved swiftly into revolt...
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