The gave themselves a stock bonus equal to 1/3 of the company. Do you know who pays the price for those shares? The answer is you, me and anyone else who owned shares at the time.
Also, are you suggesting that it is ok for any CEO of a public company to give them enough shares to block a takeover?
Finally, do you understand Euc the type of companies that get bought out? The answer is undervalued companies. What happens to the stock price when someone wants to buy the company? Answer - it goes up?
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