Switch IPO the latest to limit investor voting rights

Switch IPO the latest to limit investor voting rights

7 years ago
Anonymous $wKBR2uNMvM

https://www.reuters.com/article/us-switch-stocks/switch-ipo-the-latest-to-limit-investor-voting-rights-idUSKBN1CA26D

When data center operator Switch Inc goes public on Friday it will be the latest tech firm using special shares to limit the rights of minority investors, making it ineligible for inclusion in the S&P 500 under new rules meant to deter such practices.