Question: Reader s Digest has voting and nonvoting shares About 70 of
Reader's Digest has voting and nonvoting shares. About 70% of the voting shares are held by charitable institutions, which are headed by the CEO of Reader's Digest. Assume that you are a large holder of the nonvoting shares. Would you be concerned about this setup? What are some of the actions you might push the firm to take to protect your interests?
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