Revlon duty
n.— «This “shareholder value maximization” obligation, sometimes called the Revlon duty, helps ensure public company shareholders participate in control premiums. It also keeps management honest, especially when hostile bidders are competing for a company.» —“Canada’s M&A rule book may be written” by Christopher C. Nicholls Globe and Mail (Toronto, Canada) June 9, 2008. (source: Double-Tongued Dictionary)
Further reading
Iranian-American poet Solmaz Sharif once observed that “The duty of the writer…is to remind us that we will die. And that we aren’t dead yet.” This is part of a complete episode.
Related
Mary Beth in Greenville, South Carolina, wonders: Why do we say four-oh-nine for the number 409 instead of four-zero-nine or four-aught-nine? What are the rules for saying either zero or oh or aught or ought to indicate that arithmetical symbol...