SpaceX is considering a dual-class share structure in its planned IPO this year, according to people familiar with the matter, mirroring a strategy its billionaire founder Elon Musk floated for Tesla ...
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 ...
News Corporation (NASDAQ:NWS) disclosed that its largest shareholder, Starboard Value LP, believes dual-class share structures are not in the best interests of shareholders and do not reflect ...
Activist investor Starboard has submitted a proposal to News Corp. (NASDAQ:NWSA) shareholders requesting them to vote for the elimination of the media conglomerate's dual-class share composition at ...
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 ...
Public companies with dual-class stock structures are set up in a way that often gives chief executives outsized influence over the direction of the firm. That can be advantageous when trying to ...