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Consider a firm that has dual-class shares with 250 million Class A shares having one (1) vote each and 75 million Class B shares having
Consider a firm that has dual-class shares with 250 million Class A shares having one (1) vote each and 75 million Class B shares having ten (10) votes each. If one requires 51 percent of the votes to control this firm, what number of Class B shares must one control ?
37.5 million | ||
51 million | ||
125 million | ||
152.5 million |
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