Back to Assignment Attempts Keep the Highest/4 1. Rights and privileges of common stockholders Larry Nelson holds 1,000 shares of General Electric common stock. The annual shareholders meeting is being held soon, but as a minor shareholder, Larry doesn't plan to attend. Larry did not sell his shares but gave his voting rights to the management group running GE. Larry must have signed a proxy that gives the management group control over his shares. Lany also holds 2,000 shares of common stock in a company that only has 20.000 shares outstanding. Currently, the company's stock is valued at $43.00 per share. The company needs to raise new capital to invest in its future production activities. The company is anticipating issuing 5.000 new shares at a price of $34.40 per share, Larty worries about the value of his investment. the company issues its ner shares and Larry makes no additional Lars current investment in the company is worth 38000 Sments in the company then la nuestment will be more This scenarios an excel Larry could be protected the firms corporate charter include rovision La response the date este o rochaines that become Gedeo Save & Conte 1. Rights and privileges of common stockholders Larry Nelson holds 1,000 shares of General Electric common stock. The annual shareholders meeting is being held soon, but as a minor shareholder, Larry doesn't plan to attend. Larry did not sell his shares but gave his voting rights to the management group ninning GE. Larry must have signed a proxy that gives the management group control over his shares. Larry also holds 2,000 shares of common stock in a company that only has 20,000 shares outstanding. Currently, the company's stock is valued at $43.00 per share. The company needs to raise new capital to invest in its future production activities. The company is anticipating issuing 5.000 near poison pill 40 per share. Larry worries about the value of his investment. purchase protection ent in the company is worth $86.000). F the company issues its new shares and Larry makes no additional preemptive right pany, then his investment will be worth proxy hple of Larry could be protected the firm's corporate charter includes rovision If Larry exercises the provisions in the corporate charter to protect hit take his investment value the firm will become Grace Now Save & Conte Continue the saving