MC2 Post 1834 And Just Why is Google Getting a C ???

That ‘Class C’ Google Stock Split Is Finally Happening. Here’s What It Means.

When GoogleGOOG +0.59%’s share price drops in half April 3, it won’t be one of the company’s famous April Fools’ Day jokes. It will be a 2-1 stock split announced nearly two years ago that will help cement Larry Page‘s and Sergey Brin‘s control over the company.

From:  http://blogs.wsj.com

 

By holding super-voting Class B shares, Page and Brin controlled 56% of Google as of last April’s proxy filing. The founders have seen their grip erode over the years as Google continued to issue Class A shares to finance acquisitions and pay employees with stock. Each Class A share carries one vote, while each Class B share carries 10 votes.

 

To solve the problem, Google created ”Class C” shares that are being issued at the beginning of April to shareholders of record March 27. These have no voting rights and, going forward, are the shares Google intends to issue for compensation and acquisitions. That will end the slow-motion dilution 

                              for Class B shareholders.
 
 

Link:   http://blogs.wsj.com/digits/2014/03/27/that-class-c-google-stock-split-is-finally-happening-heres-what-it-means/


 

TinyURL:  http://tinyurl.com/ndkbns6

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Mike Kavanagh Executive of JPMorgan 

                            Quits For Carlyle

 



From:    http://www.bankroutingnumber.us
 

It's a Big Numbers Game.     Wingman.

 

Mike Kavanagh , the favorites to succeed Jamie Dimon, CEO of JPMorgan Chase is one , has withdrawn from the Bank of the United States as co-president at the Carlyle , 

                               the private equity investor .

 

Mr. Kavanagh is the third former head of JPMorgan's investment bank to leave the lighter regulation of hedge funds and private equity investments, less examination, usually better-paying world of life.
 

Three people familiar with his decision - a few weeks later conveyed to Damon talks with Carlyle this weekend - the difference between these three banks and other financial sectors have played a role. One said the industry is concerned that even the biggest banks cannot compete executive’s remuneration.


 

Link:  http://www.bankroutingnumber.us/news/Mike-Kavanagh-Executive-of-JPMorgan-Quits-For-Carlyle


 

TinyURL:   http://tinyurl.com/lg74p3g


 

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