Several readers have pointed out something I am aware of and should have mentioned: The "two-class" system of share ownership that I claim is crucial to the quality of America's best newspapers (and ...
What is a Dual-Class Stock Structure? A dual-class stock structure basically means that a company has given disproportionate voting rights to one group of shareholders, typically its founders. In most ...
The firm's contention was GM stock trades at a significant discount to intrinsic value despite its fundamentally strong operations. Greenlight suggested that GM distribute a second class of shares, ...
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