In June 2017, Whole Foods Market, Inc., announced that its board of directors had approved its sale to Amazon.com, Inc., for approximately $13.7 billion in cash. Das, a longtime Whole Foods employee and owner of 100 shares of its common stock is furious because she believes that Amazon ownership will ruin the work environment and culture of Whole Foods. As a result, Das consults you about a possible cause of action under state corporate law against the board for its "idiotic" decision and her likelihood of success. Assume Whole Foods is incorporated in Delaware. What do you tell her?

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If Das is considering taking legal action against Whole Foods board of directors for their decision ... View the full answer