Google Shareholder Dreams Of A One Share, One Equal Vote World

Google shareholder wants two-tiered stock structure dismantled
from the San
Jose Mercury News covers how a pension funding holding a tiny amount of Google
shares will push at the upcoming shareholder’s meeting for the two tier voting
structure to be dismantled. That’s the structure that gives cofounders Larry
Page, Sergey Brin and Google CEO Eric Schmidt effective control over the entire
company. Well, you can’t say this structure wasn’t clear when you bought the
stock. Google says its board is opposed to the change, not surprisingly. And
without the support of the big three, it ain’t gonna happen.

Hat ti
p to Kathryn Cramer’s blog.

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