RE:RE:The New ArticlesI'm not sure for me personally I care too much whether they set up non voting or B shares but I cant figure out why they would? For me I dont really want an active role anyway. They are doing a good job in my opinion. ....
TickerTwit wrote: No one here reads MICs? Perhaps you should, just this one time, so you understand what entitlements DIV management wishes shareholders to give up.
Management doesn't get 'more flexibility' without shareholders losing something. Be sure you know what you're giving up and can assess its importance.
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TickerTwit wrote:
I read through most of the MIC text last night. There is one item that concerns me: can management (take "management" to include the directors, who in most companies are no more than rubber-stampers for management) create a new share class without shareholder approval?
Any opinions? And your reasoning?