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.
Forum about Voting Rights Plan. Below you can ask a question about this topic, share your experiences, report a new development, or explain something.
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 contributing...!...