Latest News on Class A
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Jun 21, 2016
New share class to keep Zuckerberg at Facebook approved by Facebook investorsFacebook Inc 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.
Jun 03, 2016
In the event of Zuckerberg's exit, Facebook board seeks to curb his controlFacebook Inc's board has proposed removing Mark Zuckerberg's majority voting control in the event of the social media giant's chief executive and founder deciding to exit management at some point in future.