What is a Voting Rights Plan? Meaning.
A Voting Rights Plan is an anti-takeover mechanism in which
a company charters preferred stock with superior voting rights to common shareholders.
If an unfriendly bidder acquires a substantial quantity of the target firm's
voting common stock, it would not be able to exercise control over its purchase.
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Voting Rights Plan Special Interest Group.
Special Interest Group (4 members)
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Compare with:
Anti Hostile Takeover
Mechanisms | Lobster
Trap |
Staggered Board of
Directors
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Special Interest Group Leader
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