Mark Zuckerberg has gotten so rich that he can fund his philanthropic foundation and retain voting control without Facebook having to issue a proposed non-voting class of stock that faced shareholder resistance. Today Facebook announced that it’s withdrawn its plan to issue Class C no-vote stock and has resolved the shareholder lawsuit seeking to block the corporate governance… Read More
from iFeeltech IT News Mix4 https://techcrunch.com/2017/09/22/facebook-sharing/?ncid=rss
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https://ifeeltechinc.wordpress.com/2017/09/22/facebook-drops-no-vote-stock-plan-zuck-will-sell-share-to-fund-philanthropy/
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