CII Letter to Delaware State Bar Association: Limiting Multi-Class Voting Structures

We are writing on behalf of the Council of Institutional Investors (CII) to request that the Delaware State Bar Association propose to the Delaware General Assembly that Delaware General Corporation Law (DGCL) be amended to limit the authority of Delaware corporations listed on national securities exchanges to adopt multi-class common stock structures with differential voting rights (“multi-class voting structures”). [1]

via Letter to Delaware State Bar Association: Limiting Multi-Class Voting Structures

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