Question
Alliances are shifting, and Danali Corporation (described in the previous two problems) now has 35 percent of the voting shares controlled by the minority group
Alliances are shifting, and Danali Corporation (described in the previous two problems) now has 35 percent of the voting shares controlled by the minority group and 65 percent by the majority.
| a. How many directors can now be elected for the minority group? | |
| b. How many voting shares would be needed if the minority group wanted two directors under the revised group breakdown? |
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
9th Edition
032431986X, 9780324319866
