Facebook Introduces Dual-Class Structure for Stock: Video
2,367 views · Published 23 March 2012 · 2:10 · Indexed 29 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
Nov. 25 (Bloomberg) -- Facebook Inc., the worlds biggest social-networking site, introduced a dual-class stock structure to let current shareholders hold onto voting control. The decision shouldnt be seen as a sign that the company is planning to go public, Facebook said in an e-mailed statement. The company also said it has no plans to hold an IPO at this time. Bloomberg's Cris Valerio reports. (Source: Bloomberg)
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