Tag: stocks.
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Facebook Investors OK New Share Class to Keep Zuckerberg at the Helm
Facebook Inc (FB.O) shareholders approved a proposal to create a new class of non-voting shares, a move aimed at letting Chief Executive Officer Mark Zuckerberg give away his wealth without relinquishing control of the social media company he founded. The company’s plan to issue two “Class C” shares for each Class A and Class B […]