Several readers have pointed out something I am aware of and should have mentioned: The "two-class" system of share ownership that I claim is crucial to the quality of America's best newspapers (and ...
Activist investor Irenic said it would back fellow dissident Starboard Value's push to collapse News Corp.'s dual-class share structure. Irenic previously pushed to block a considered merger between ...
The SEC is set to decide on approving a dual share class structure for ETFs. Nate Geraci, ETF Store President, and Todd Sohn, Strategas Securities senior ETF and technical strategist, talk with Bob ...
Shift4 Payments (FOUR) Is Up 10.5% After Collapsing Multi-Class Structure And Ending TRA Obligations
Shift4 Payments recently completed a corporate simplification, collapsing its multi-class share structure into a single Class A share class, eliminating super-voting rights and its “controlled company ...
Update 3:20pm: Adds News Corp. response. In the case of the Murdoch family empire, the closely held B shares have historically given the family about 40% of voting power despite owning about 15% of ...
SAN ANTONIO--(BUSINESS WIRE)--Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today announced that its Board of Directors has approved amendments to its corporate ...
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