4 ms·
The article doesn't clearly say board votes. It actually says "vote the shares", which, I'm not all that clear how often or with what significance shareholder v
by kevinpet 12y ago
The article doesn't clearly say board votes. It actually says "vote the shares", which, I'm not all that clear how often or with what significance shareholder votes happen in a pre-ipo company.
- harryh 12y agoI'm not gonna save never because I'm sure there have been bizarre exceptions but....basically there are never shareholder votes. Only board votes.
- dirtyaura 12y agoWhen the composition of board itself is changed, I think that has to be agreed by shareholders. There can be differences between legislations though.