Comment on Zuckerberg says Facebook won't issue new class of stock

Zuckerberg says Facebook won't issue new class of stock

NEW YORK (AP) — Mark Zuckerberg says the company is withdrawing plans to create a new class of stock that would have let the him keep tight reins on the company even as he sold down his stake to fund his philanthropy. A shareholder class-action trial over the stock reclassification in Delaware was to start next week.

 

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