The Times, 17 Oct 2020, Talktalk criticised over Toscafund takeover bid

https://www.thetimes.co.uk/article/talktalk-criticised-over-takeover-bid-9s6mptqgl

Cliff Weight, director of individual investor campaigning at Sharesoc, which represents retail shareholders, said that it likes companies where the directors have “skin in the game” and “prima facie it looks like Dunstone and Ross will act in the best interests of shareholders”.

However, he added: “We would prefer if there were a majority of independent directors on the board of any quoted company, as one of the duties of directors is to ensure the rights of minority shareholders are respected. It is not at all clear that the Talktalk board has the right governance processes in place to objectively consider the approach and the interests of all shareholders.”