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Tech firms often issue two classes of share (voting and non-voting) so that founders can remain in charge.
Brownlee's solution was to create two classes of share: an investment share with a par value of $20, and a voting share with a par value of $5.
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Ford and Berkshire Hathaway both have two classes of shares.
Split caps are investment vehicles with several classes of shares.
Hijackings were complex financial enterprises, they explained, with committees of investors, accountants, even classes of shares.
But that rule did not apply to different classes of shares.
Like many mutual funds, those offered by AMR have several classes of shares.
Several funds offer different classes of shares, which carry different fee structures.
They would also have recourse to different classes of shares with different degrees of power.
The two classes of shares are identical, except that one has voting rights.
It's bad enough for shareholders when companies have two classes of shares.
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