Voting Rights Plan

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Summary

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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🔥	NEW Voting Rights Plan Cases and Examples Hi, do you know of a remarkable case or an interesting example of the use of a voting rights plan as an anti-takeover mechanism ? Please share it by entering a reaction. Thanks for contributin... 2

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