Consider a Firm That Has Dual-Class Shares with 250 Million

question 36

Multiple Choice

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% of the votes to control the firm,what number of Class B shares must one control?

• A)37.5M
• B)51.0M
• C)125.0M
• D)162.5M

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Definitions:

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Negotiator

An individual who engages in discussions with one or more parties to reach an agreement or resolve a dispute.

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Refers to an individual's reaction to communication that threatens their social face or self-esteem.