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And Mr. Musk signed a voting agreement, to boot.
MHR's voting agreement does not give the fund an out if a higher bid comes along.
Mars initially asked for a voting agreement signed by William Wrigley Jr. on behalf of himself and the Wrigley trust.
The voting agreement is mentioned again on April 25 when a draft is provided to the Wrigley board.
The Taubmans held about 30percentt before the voting agreement contracts formed the blocking group in November.
Emmis then separately entered into a voting agreement with respect to the shares, leaving owners of the preferred stock holding valueless "zombie" shares with almost no rights.
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He has also entered into voting agreements with other Class B shareholders, including shares held by the Facebook co-founder Dustin Moskovitz and Facebook's first president, Sean Parker.
Mr. Zuckerberg had the foresight to obtain these voting agreements, arrangements which now ensure he will control the company for a substantial amount of time.
Step 2: With money in hand, Emmis entered into total return swaps and voting agreements with respect to about 61 percent of the preferred stock at a purchase price of $15.25 to $15.75 a share.
The most important change is the refusal by the G.O.P. leadership to enter voting agreements on well-qualified, uncontroversial district court nominees, so they languish for months on the Senate floor.
"Since such voting agreements will terminate in connection with this offering, the table above does not reflect shares held by such stockholders as being beneficially owned by Mr. Williams," it said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com