Unequal shareholder voting power.
It's my contention that Silver Lake will want to protect the technology that their company uses and yet allow the company to grow.
It may involve just buying shares on open market which would boost Linius's standing. Hang on.For example, if a shareholder holds 75 shares out of 100 shares on issue in the company, they will hold 75 out of 100 votes. When starting a company, it is important to consider the number of shares each shareholder will receive and the rights attaching to those shares.
Although less common, it is possible for a company to:
- create and issue different classes of shares with unique voting rights;
- create and issue classes of shares that do not have voting rights at all.
Does it apply to Linius?
Either way it seems to involve buying a major stake.
Good times ahead.
Cheers
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