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In class we discussed the dual-class share structure of Meta (Facebook). As at 31 March 2022, there were 2,302 million Class A shares and 413
In class we discussed the dual-class share structure of Meta (Facebook). As at 31 March 2022, there were 2,302 million Class A shares and 413 million Class B shares on issue with the major shareholders including ... Mark Zuckerberg with 831,706 Class A shares and 349,745,790 Class B shares Eduardo Saverin with 7,535,009 Class A shares and 45,928,139 Class B shares BlackRock with 158,128,797 Class A shares The Meta stock price at the close of trade on 15 June 2022 was $169.35 Assume Eduardo immediately sells all his Class A and Class B shares to BlackRock for $200 per share. What impact would the sale have on Mark and BlackRock ? Note: In calculating the impact on Mark, you should ignore the 16,297,639 Class B shares which are owned by Duncan Moskovitz but are controlled by Mark. In class we discussed the dual-class share structure of Meta (Facebook). As at 31 March 2022, there were 2,302 million Class A shares and 413 million Class B shares on issue with the major shareholders including ... Mark Zuckerberg with 831,706 Class A shares and 349,745,790 Class B shares Eduardo Saverin with 7,535,009 Class A shares and 45,928,139 Class B shares BlackRock with 158,128,797 Class A shares The Meta stock price at the close of trade on 15 June 2022 was $169.35 Assume Eduardo immediately sells all his Class A and Class B shares to BlackRock for $200 per share. What impact would the sale have on Mark and BlackRock ? Note: In calculating the impact on Mark, you should ignore the 16,297,639 Class B shares which are owned by Duncan Moskovitz but are controlled by Mark
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