It takes a company like Rogers that has a controlling shareholder of 97% to knock some sense back into our capital market system, justice system.
Shareholders are owners of the company. Owners.
Everything the Board and CEOs and employees do should be first and foremost to the benifit of shareholders and then to the company. Ideally decisions should be to the benefit of both, shareholders and the company, but if you have to choose, Shareholders should be FIRST..... notwithstanding the demands of Debt holders.
If shareholders decide on a path which maybe poor, that's completly their decision, they own the company.
All just my opinion/view/thinking.