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April 27, 2016 08:13 pm GMT

Facebook is adding a new class of stock that will help keep Zuckerberg in control

mark zuckerberg f8Facebook today, as part of its earnings release, said it would add a new class of non-voting stock for the company, which will keep Mark Zuckerberg incontrol of the company. “This proposal is designed to create a capital structure that will, among other things, allow us to remain focused on Mr. Zuckerberg’s long-term vision for our company and encourage Mr. Zuckerberg to remain in… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/f4h-BpXyLh8/

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