3 ms·
Of course. Common stock can always get wiped out by superior classes.
by jeffbee 1y ago
Of course. Common stock can always get wiped out by superior classes.
- adastra22 1y agoNo, not always. Only under specific circumstances like preferences. There are pro rata terms and minority shareholder rights. Something smells fishy about the article, but I suspect it is the journalist’s ignorance.