Largest social networking companies in the world, Facebook Inc.. change the ownership structure. Facebook now has two types of shares. Company closed in the United States, including Google, are usually made of two types of shares if they want to sell the stake in the stock.
But Facebook denies this stock solution is their first step into the market. "We introduced two types of stocks because shareholders want to retain veto power over certain issues. The solution aims to ensure the company's shares to focus on long-term development agenda," said Larry Yu, spokesperson for Facebook.
In May, Mark Zuckerberg, founder of the site, states did not close the public options. But Zuckerberg emphasized that went into the stock plan will not be realized in the near future. Digital Sky Technologies of Russia had offered to invest U.S. $ 200 million in Facebook.
No comments:
Post a Comment