Under Armour to Create Stock With No Voting Rights
748 views · Published 16 June 2015 · 6:45 · Indexed 21 September 2026
Channel: Bloomberg Originals · 2015 · News & Politics
June 16 -- Under Armour plans to create a new class of stock without voting rights, mimicking a tactic by Google that will preserve the sway of founder and CEO Kevin Plank over the company. Canaccord Genuity Managing Director Camilo Lyon weighs in on “Market Makers.” -- Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.
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