A lot happened at Caremark after the seminal 1996 decision of the Delaware Court of Chancery addressing the duties of directors in the context of a significant compliance
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چکیده
A lot happened at Caremark after the seminal 1996 decision of the Delaware Court of Chancery addressing the duties of directors in the context of a significant compliance failure. A new Board and management team took the helm and achieved spectacular results, delivering cumulative shareholder returns of over 1300% in the eight year period between November 1998 and November 2006 and over 1600% when measured from November 1998 through March 21, 2007, the day before Caremark’s recent merger with CVS closed.
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