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Dual Class Stock

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Dual Class Stock
A stock in a publicly-traded company that issues two types of stock. Each stock class has distinct rights attached to it. Generally speaking, dual-class stocks include preferred stock, which carries the right to guaranteed dividends, and common stock, which carries the right to vote in the annual meeting.


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[W]hile PROXY Governance generally supports proposals to eliminate dual class stock structures, we believe the more measured management plan -- which will result in both increased liquidity and a significant market premium for Class B shareholders, while minimizing the cost to Class A shareholders -- strongly underscores the board's willingness to take on difficult issues while acting in the best interests of all shareholders.
07 per share, charge for costs incurred to eliminate the Company's dual class stock structure and hostile tender offer for its class B stock; a $1.
Diller recommended to IAC's Board of Directors earlier this month that IAC's previously announced spin-off transactions be structured so that all shareholders receive the same class of stock in the resulting companies, while IAC continues with its dual class stock structure.
 
 
 
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