Home > Terms > English, UK (UE) > Dual class recapitalization
Dual class recapitalization
A takeover defence in which a firm issues multiple classes of stock in which one class has voting rights that are 10 to 100 times those of another class. Such stock is also called supervoting stock.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking; Business services
- Category: Mergers & acquisitions
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