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Wrong. B Corp boards are legally protected from lawsuits if they reject the highest bid when they put the company up for sale. In a C Corp, once the board puts the company on the auction block, not taking the highest bid, even from a company that's diametrically opposed to the goals of the C Corp, opens the board up to lawsuits from shareholders pissed about not getting the maximal return. Suggesting this is no difference shows a lack of understanding of the legal regime these types of corporations operate under.


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