Question
A company uses cumulative voting and 6 directors are up for election. There are 3 Million shares outstanding. how many shares must you have to
A company uses cumulative voting and 6 directors are up for election. There are 3 Million shares outstanding. how many shares must you have to ensure that you gain control of one seat on the board, Answer should be minimum number of whole shares to ensure a board seat. no decimals.
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Principles Of Finance With Excel
Authors: Simon Benninga, Tal Mofkadi
3rd Edition
0190296380, 9780190296384
