Directors’ performance Agitating for something

For all their whining about injustice, things seem to be working out pretty well for shareholders in US public companies. Despite receiving what looked like puny bids for firms in their portfolios on a handful of occasions - from Clear Channel to EGL to Caremark - they’ve made out like bandits. But hold your applause for the directors of these institutions. Investors may be the poorer if things had gone the directors’ way. Take the case of trucking firm EGL. The board signed up a deal with the ...