Demonstrate care for the interests of shareholders

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Question: Under Delaware law, directors' duties pursuant to the business judgment rule are that they should manage the affairs of the company by keeping three key duties in mind:

1. They have a duty of loyalty.

2. They have to demonstrate care for the interests of shareholders.

3. They should carry out their duties in a manner that is in the best interests of the corporation and its shareholders.

In the context of M&A, the business judgment rule does not necessarily mean that the

Three fifty words and three references.

Reference no: EM133216206

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