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sunset after a fixed period of time (such as ten or fifteen years) unless their extension is approved by shareholders …
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A battle is brewing for control of America's most dynamic companies. Entrepreneurs are increasingly seeking protection from interference or dismissal by public investors through the adoption of dual-class stock structures in initial public offerings. Institutional investors are pushing back,...
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which shareholders monitored and exercised voice to one where there was more reliance on external forces and exiting …
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