Re:Google stock spikes after reporting better than expected ...
by toast0 on Thursday July 16, 2015 @11:21PM
(#9901132)
No voting rights is less attractive, but insiders hold another class of shares with ten votes per share, so that the insiders have a majority on all normal[1] votes, so the common stock voting doesn't really matter, and is not like to matter soon.
[1] some elections may have statutory requirements that a majority of each stock class vote in favor, such as tender offers, etc.
[1] some elections may have statutory requirements that a majority of each stock class vote in favor, such as tender offers, etc.