Question
The shareholders of the pineapple company need to elect nine new directions.There are 870000 shares outstanding currently trading at $47 per share.You would like to
The shareholders of the pineapple company need to elect nine new directions.There are 870000 shares outstanding currently trading at $47 per share.You would like to serve e on the board of directors,unfortunately no one else will be voting for you.
a.how much will ot cost you to be certain that you can be elected if the company uses straight voting? b.how much will it cost you if the company uses cumulative voting?
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Multinational Financial Management
Authors: Alan C. Shapiro
7th Edition
0471395307, 9780471395300
