TIM CEO reportedly offers to step down to facilitate KKR takeover

The bid by private equity firm KKR to acquire Italian telco group TIM has brought is boardroom battle of wills to a fresh crescendo.
Since the bid was announced at the start of this week, 24% shareholder and board contrarian Vivendi has repeatedly stressed it doesn’t want to sell. This once more creates the paradox of a minority shareholder being able to dictate the strategy of a company without going to the trouble and expense of acquiring the majority of it. What if the rest of the share