Agreed the article is more about probing the board’s weakness.
But the board seems to have a weak hand. It can decide to disappoint the for profit investors. But it doesn’t own Sam, or the vast majority of the workers, and maybe not much of the know how. And they can walk if the board disappoints them.
The board’s altruism might be great, but it lacks the legal tools to do what it wants, against organized labor backed by unlimited capital.
But the board seems to have a weak hand. It can decide to disappoint the for profit investors. But it doesn’t own Sam, or the vast majority of the workers, and maybe not much of the know how. And they can walk if the board disappoints them.
The board’s altruism might be great, but it lacks the legal tools to do what it wants, against organized labor backed by unlimited capital.