Supervoting

Word SUPERVOTING
Character 11
Hyphenation N/A
Pronunciations N/A

Definitions and meanings of "Supervoting"

What do we mean by supervoting?

Here you will find one or more explanations in English for the word supervoting. Define supervoting, supervoting synonyms, supervoting pronunciation, supervoting translation, English dictionary definition of supervoting.

Synonyms and Antonyms for Supervoting

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The word "supervoting" in example sentences

Spencer Rascoff , chief executive of Zillow Inc., doesn't hold shares with extra voting rights, known as supervoting shares, in the company. ❋ Unknown (2011)

Trade regular Neiman and Gartner shares back to those companies in return for "supervoting" shares that will elect 80 percent of the companies 'boards. ❋ Unknown (2008)

That's the difference between what Sotheby's paid for the Taubman family's 14 million "supervoting" shares last week and the market price of 14 million regular shares. ❋ Unknown (2008)

Times Co. is controlled by a family trust whose 1.5 percent stake includes "supervoting" shares that let it name a majority of the board. ❋ Unknown (2007)

My board didn't want to sell to Comcast because the family had 88 percent voting control by owning "supervoting" shares that were less than 3 percent of the company's stock. ❋ Unknown (2007)

According to tax expert Robert Willens , that requires Yahoo to get control of Yahoo Japan for a short period of time, which could be accomplished through a temporary issuance of supervoting shares by Yahoo Japan to Yahoo. ❋ Martin Peers (2011)

More egregiously, Frank Stronach , founder of Canadian automotive supplier Magna International , gave up his supervoting shares in that company in exchange for regular shares equivalent to 7.4% of those outstanding and $300 million in cash. ❋ Martin Peers (2011)

Founders of other tech companies that have come public this year have had more traditional supervoting shares with 10 votes. ❋ Randall Smith (2011)

Magna said that represented a premium of 1,799% per supervoting share over the regular shares. ❋ Martin Peers (2011)

The Groupon shares lose their supervoting status after five years, while Zynga's lose it if they fall below 10% of the total voting power, public filings say. ❋ Randall Smith (2011)

Last year, under regulatory pressure, John Malone agreed to give up his supervoting shares in DirecTV . ❋ Martin Peers (2011)

Plus, new investors won't get any votes: Mr. Lutnick plans to retain 100% control via supervoting shares. ❋ Rolfe Winkler (2012)

In exchange for 21.8 million supervoting shares, he got 26.5 million ordinary shares — an uplift now worth nearly $200 million. ❋ Martin Peers (2011)

Founders and other long-term shareholders at corporate icons such as Berkshire Hathaway Inc. and Google have had supervoting stock, often with between five or 10 votes per share. ❋ Randall Smith (2011)

EMC says it wants to maintain control, but that isn 't at risk considering the supervoting stock it holds. ❋ Rolfe Winkler (2010)

The Sulzberger family retains control of the company through its ownership of a separate class of supervoting shares. ❋ Russell Adams (2010)

With ownership of supervoting Class B shares, the three co-founders will have nearly 60% voting control. ❋ Rolfe Winkler (2011)

But Facebook has 845 million members, more than half of whom use it daily—an engagement number every newspaper and media organization should shoot for and would die for.11.00pm: Mark Zuckerberg will be selling some of his shares, but only so he can satisfy taxes that he will incur upon the exercise of an outstanding stock option to purchase 120m shares of the supervoting Class B common stock. ❋ Unknown (2012)

Such moves can involve a big sweetener for supervoting shareholders. ❋ Martin Peers (2011)

Slightly more than we thought.10.42pm: Other share owners who hold more than 5% of the supervoting Class B shares are listed as follows. ❋ Unknown (2012)

Cross Reference for Supervoting

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