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If you wrote down the names of all the publicly traded companies that are part of the Fortune 500,
cut them up and threw them into a hat,
chances are if you pulled one out,
that company would be incorporated in the second smallest state in America.
I'm talking about Delaware.
Of the 470 public companies in the Fortune 500,
more than 300 of them are incorporated in Delaware and the likes of Disney or Amazon or Google,
Microsoft.
That's the FT's Wall Street editor, Sujit Indap.
Big companies, wide shareholder bases with famous investors.
They're almost always going to pick Delaware.
But a couple of weeks ago, there was one very large shareholder who was not happy with Delaware.
Now,