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Consider a firm that has dual-class shares with 250 million Class A shares (having 1 vote each) and 75 million nonlisted Class B shares having
Consider a firm that has dual-class shares with 250 million Class A shares (having 1 vote each) and 75 million nonlisted Class B shares having 10 votes each. The shares are otherwise identical. If one requires 51 percent of the votes to control the firm, what number of Class B shares must one control?
A.125 million
B.51 million
C.162.5 million
D.37.5 million
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