Publisher's Synopsis
Excerpt from Coercive Dual Class Exchange Offers
Section 2 presents a simple model of the firm that is used to trace the impact of the dual class exchange offer. Section 3 uses this model to explore the payoffs that outside shareholders confront when they decide which class of stock to retain. Section 4 proposes a non-coercive method to obtain a dual class equity capitalization. Finally, section 5 contains a summary and conclusion. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
