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Google Stock Settlement May Not Do Much for Shareholders

dealbook.nytimes.com

Google and its co-founders, Sergey Brin and Larry Page, settled a shareholder lawsuit earlier this summer that most likely clears the way for Google to issue new nonvoting Class C shares. The settlement perpetuates the co-founders’ control, which is good for them, but it may not do much for Google’s shareholders, the majority of whom voted to oppose the maneuver...

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