There wont be consequences. What wework's adam did is unethical but not illegal. Same for oracle.
The difference between both however is enormous. I suspect that for in Adam wework deal(s), information hardly reached directors and certainly not shareholders.
With Oracle , everyone knew about the premium paid. And everyone , is a professional money manager and had multiple times the time to shut down the deal. They made mistake after mistake: with CEO selection, with acquisition strategy, with BoD selection, with DD, and price paid.
Shareholders were asleep at the wheel. Now they want to point fingers at someone else.
In both cases there was some unethical on behavior, but that does not make it illegal and recoverable in court
The difference between both however is enormous. I suspect that for in Adam wework deal(s), information hardly reached directors and certainly not shareholders.
With Oracle , everyone knew about the premium paid. And everyone , is a professional money manager and had multiple times the time to shut down the deal. They made mistake after mistake: with CEO selection, with acquisition strategy, with BoD selection, with DD, and price paid.
Shareholders were asleep at the wheel. Now they want to point fingers at someone else.
In both cases there was some unethical on behavior, but that does not make it illegal and recoverable in court