Do Stockholders Really Know Best? - News Analysis - NYTimes.com

Great article by Andrew Ross Sorkin at the NY Times:DealBook Column - Do Stockholders Really Know Best? - News Analysis - NYTimes.com: "British takeover law essentially handcuffs the board of a target company from doing anything to block a deal. No poison pills. No staggered boards. No changing the shareholder vote date. The potential for a C.E.O. or entrenched board to block a deal — or