Second-Class Investor Citizens: Facebookâs IPO and Dual-Class Equity Structures
Gust
MAY 24, 2012
This is nothing new; long favored by family-controlled media empires such as Rupert Murdoch’s News Corporation , among Internet firms alone, Google took a dual-class approach when going public in 2004. Options and warrants, when issued, are also typically exercisable for shares of Common Stock.
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