A power struggle between Facebook and investors just ended with Facebook dropping plans to issue non-voting shares – Business Insider


Business Insider
A power struggle between Facebook and investors just ended with Facebook dropping plans to issue non-voting shares
Business Insider
Facebook has dropped plans to create a new class of non-voting shares that would have protected CEO Mark Zuckerberg’s control of the company even as he sells 99% of his shares. The surprise announcement on Friday came just days before a trial seeking …
Facebook drops no-vote stock plan, Zuck will sell shares to fund philanthropyTechCrunch
Shareholders force Zuckerberg to give up plan for non-voting sharesArs Technica
Facebook cancels plan to change ownership share structureCNBC
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