Boyd, On Wednesday 22 November 2006 06:22, Boyd Lynn Gerber wrote:
On Wed, 22 Nov 2006, Anders Johansson wrote:
...
Some companies have non-voting stock shares and voting shares. Only people who on shares that are able to vote may make changes to the company. I do not remember all the fancy words/terms.
A common term is "preferred" stock (vs. "common" stock). There are other arrangements w.r.t. the preferred / common distinction. E.g., I just heard a news story the other day about how one of the big newspapers has preferred stock held by the original private owners' family that has twice the voting weight per share that the common stock shares have. This prevents institutional investors from gaining operational control of the organization.
-- Boyd Gerber
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