Corporate governance is not what it used to be. When it's not government agencies transforming their regulations or Congress passing landmark corporate oversight laws, it's the rise of activist shareholders keeping company boards on their toes.
Case in point: Dole Foods' CEO offered shareholders $13.50 per share last year to take the company private. The offer price was controversial among shareholders, and the proposal eked by with just under 51 percent of the vote. Yet the deal is ...
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