Question: please show work 18) (9 points) Your hedge fund is wishing to elect four of its allies to the Board of Directors of Rory's billybeans,
please show work18) (9 points) Your hedge fund is wishing to elect four of its allies to the Board of Directors of Rory's billybeans, Inc There are 12 total board members up for election your hedge fund has accumulated shares of the company and now owns 20% of the 1,500,000 outstanding shares. Ron's uses cumulative voting to elect directors, but even with this you do not believe you have enough votes to ensure election of 4 directors. Along with your shares how many additional shares must be pursuaded to vote with you to ensure electing 4 directors
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